Question: You have a regression equation based on data from years 1 thru 10 (y = 6 + 32x, where x equals year). You want to
You have a regression equation based on data from years 1 thru 10 (y = 6 + 32x, where x equals year). You want to forecast a result in Year 20. How would you do it? Discuss the potential pitfalls. Be sure to include relevant references.
In reply to your peers, discuss whether you agree or disagree with the ideas proposed and justify your answer using the topic Resources. Explain some ethical considerations when dealing with regression analysis. Use reference source(s) to support your response.
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