You have a regression equation based on data from years 1 thru 10 (y = 6 + 32x, where x equals year). You want to forecast a result in Year 20. How would you do it? Discuss the potential pitfalls. Be sure to include relevant references.
You have a regression equation based on data from years 1 thru 10 (y = 6 + 32x, where x equals year). You want to forecast a result in Year 20. How would you do it? Discuss the potential pitfalls. Be sure to include relevant references.