QNT561 University of Phoenix Regression Analysis in Business Discussion

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QNT561 University of Phoenix Regression Analysis in Business Discussion

Respond to the following in a minimum of 175 words:

This week, we learn about regression analysis and regression “models’. Discuss the role of regression analysis in business by using examples of how these models might work to make predictions. In your discussion, consider the various components of the output and how it might be of value to understanding the data.