What is the purpose of using regression analysis how may it, Finance Basics

What is the purpose of using regression analysis how may it

DQ1

Regression Analysis

* What is the purpose of using regression analysis?
* How may it be used to formulate strategies?
* Provide examples related to strategy formulation and implementation.

DQ2

Regression analysis and correlation

*How is regression analysis used in forecasting? Provide examples.

* What is the purpose of using correlation analysis?

* How may correlation analysis be used in business decisions or in relation to strategy formulation and implementation?

DQ3

Correlation and Causality

*How may correlation analysis be misused to explain a cause-and-effect relationship?

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