Answer to Question #18470 in Economics of Enterprise for steven watkins

Question

"Business and Economic Forecasting' research the current demand for a good or service of your choice. Collect information that will affect the demand for the good or service.develop a regression equation using the data you collected from your research. Use the regression equation to focus the demand for the product you chose for the next three periods. Assess what the results of the regression equation tells managers and how it is likely to impact decisions made related to maximizing profitability

Answer 1

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