Describe regression analysis with the help of an example. What ...

[Awilson837]

Describe regression analysis with the help of an example.
 
  What will be an ideal response?

Question 2

Nonprofit and government agencies need additional modules for their financial systems.
 
  Indicate whether the statement is true or false

[Pswine]

Answer to Question 1

Regression analysis is a type of data mining analysis that measures the impact of a set of variables on another variable. For example, analysts in an organization can create a prediction to next year's Net Sales. If the economy grows by 2 and sales this year were 10 million, then sales next year will be 3 + (20  .02 ) + 10 = 13.4 million.

Answer to Question 2

TRUE

[Awilson837]

Thanks for the timely response, appreciate it

[upturnedfurball]

TYSM