I really need someone's help!!?
Question:
a. The relationship between sales and advertising dollars spent in an e-business
b. The relationship between square footage at retail stores and sales
c. The relationship between sales and the size of the sales force
Regression analysis is the process of defining how a function varies with respect to other variables... For example, we can say
P = Sn - 500
Where P = Profit, S= Selling price per unit and n = number of articles sold
The art of deducing this equation is what regression analysis is all about. It employs the notion of "Best Fit" curve
More Questions & Answers...