QNT 561 week 5 DQs

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?