Answer to Question #33432 in Finance for tanisha

Question

From the e-Activity, develop a regression equation using the data
you collected from your research. Use the regression equation to
forecast the demand for the product you chose for the next three
periods. Assess what the results of the regression equation tells
managers and how it is likely to impact decisions made related to
maximizing profitability.

Imagine you are a manager for the good or service used above. From
the results of the regression equation, suggest strategies to either
maintain demand (if an increase over three periods occurs) or improve
demand (if a decrease over three periods occurs). Provide support for
your recommendations.

Answer 1

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