Slide 1Forecasting Using the Simple Linear Regression Model and Correlation Slide 2 What is a forecast? Using a statistical method on past data to predict the future. Using…
Slide 1 © 2000 Prentice-Hall, Inc. Chap. 9 - 1 Forecasting Using the Simple Linear Regression Model and Correlation Slide 2 © 2000 Prentice-Hall, Inc. Chap. 9 - 2 What…