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Linear regression is applied in various fields like finance for stock predictions, healthcare for drug response, and marketing for sales forecasting. When should you use linear regression?
Enhance your sales predictions using Excel's regression analysis tools and improve decision-making with data-driven insights.
You can create the trend line using regression analysis. To determine the seasonal component, using your historical data, divide the actual value of sales by the trend value at that point.
We propose a forecasting method to improve the accuracy of tactical sales predictions for a major supplier to the tire industry. This level of forecasting, which serves as direct input to the ...
India is the largest producer of cotton in the world. For proper planning and designing of policies related to cotton, robust forecast of future production is utmost necessary. In this study, an ...
Learn how ARIMA models use time series data for accurate short-term forecasting. Discover its pros, cons, and essential tips ...