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- How Regression models are used for Forecasting purpose?Hi this question may have been posted before do not know just looking for assistance and having difficulties, the question comes from my online discussion forum post (SCMG 305 Global demand management) Investigate the cause-and-effect relationships utilizing regression analysis, find one authoritative resource in the form of a U-tube video or Website that explains the use of regression analysis as a prediction model for forecasting. Try not to duplicate a resource already posted by another student. Insert a hyperlink for that resource so others may access it quickly. Finally, provide a quick short paragraph/summary explaining what you learned from the resource you provided strengthening your understanding of the use of regression analysis for forecasting.Qualitative methods of forecasting include:a) sales force composite. b) jury of executive opinion.c) consumer market survey. d) exponential smoothing.e) all except (d).
- QUESTION 8 What is the main problem with using Executive Opinion as a forecasting tool? People under forecast so they can look when they exceed the goal. One person can overrule everyone and set the goal alone It is impossible to get all customer information to the executives Executives tend to think they know more than anyone else QUESTION 9 A seasonal index is calculated by dividing the _________. current season by the previous season previous season by the current season current season by the average of all of the seasons highest value season by the lowesQuestion: 1. Please chose a topic you are interested in within social policy-education, health care, mental health etc. and write out a hypothetical regression estimation for this topic. Make sure to identify the ideal outcome variable, explanatory variable, and control variables.discussion board contribution by individuals exploring the following key issues: 1. Primary interest in data analysis is usually in relationships between variables 2. Uncertainty and risk are sometimes used interchangeably, but they are not really the same, please discuss?
- This is model question. I need100% accurate answer. Please review it.The regression table from STATA and the table that I created by looking at the values from STATA are attached. Question: Run a separate regression for each measure of social preferences (risk-taking, patience, trust) and compare whether subjective measures of individual’s math skills, their gender and age are important determinants. Summarize the results of the regressions in a table (each column representing one regression). Interpret the estimated coefficients and provide an intuition of what you have found out.The question is related to economics/finance/accounting.