Regression method should be applied to using big data

Assignment Help Business Economics

Reference no: EM13836958

Assume that you work for a large national company with several stores in each state. Which regression method should be applied to using "big data" that the company generates to answer questions about store revenue performance over time and to generate forecasts for store performance.

A. Simple OLS

B. Non linear regression

C. S-curve regression

D. Regression with Panel Data

Reference no: EM13836958

Questions Cloud

Use the regression to forecast data for your business : A multiple regression equation is created with 4 independent variables and 24 data observations. The resulting F value is 4.10. If all other statistics for the regression are acceptable would you use the regression to forecast data for your business?

Cause of positive serial correlation in business data : What is the typical cause of positive serial correlation in business data?

Account for qualitative factors or events : What approach can be taken in regression to account for qualitative factors or events?

Using regression to combine forecast : When using regression to combine forecast of the same Y variable derived in with various methods how do you determine the best forecasts to include in the model?

Regression method should be applied to using big data : Assume that you work for a large national company with several stores in each state. Which regression method should be applied to using "big data" that the company generates to answer questions about store revenue performance over time and to generat..

Law of the jurisdiction is simple negligence : Jim accidentally runs over Mary in the parking lot. Mary was walking to her car (maybe she wasn’t paying really close attention to traffic), Jim didn’t look both ways, so he ran her right over. If the law of the jurisdiction is simple (pure) negligen..

Regression coefficients partial-net regression coefficients : What is meant when we refer to multiple regression coefficients as partial or net regression coefficients?

Designed to detect multicollinearity in regression model : What statistic is designed to detect multicollinearity in a regression model?

State can restrict-regulate your use of real property : What is required before the state can restrict/regulate your use of real property? Why does the law require special steps be taken for the formation of joint tenancy?

User Account

All Pages