Question: Why would a manager choose to use multiple regression rather than simple linear regression? The R-squared value is not used to assess the predictability of
Why would a manager choose to use multiple regression rather than simple linear regression? The R-squared value is not used to assess the predictability of the model. Additional independent variables may help predict the dependent variable. The predictor variable is used to predict the outcome of y. To increase the quality of the data used to develop cost equations
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