Solved: What is the purpose of using regression analysis, Basic Statistics

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What is the purpose of using regression analysis

Assignment:

Q1. What is the purpose of using regression analysis?
Q2. How might a regression analysis be used to formulate strategies?

Provide examples related to strategy formulation and implementation. Provide complete and step by step solution for the question and show calculations and use formulas.

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Basic Statistics: What is the purpose of using regression analysis

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Basic Statistics: What is the purpose of using regression analysis

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