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Regression model (based on building permits and consumer confidence) to forecast total sales

  • BAE
  • Oct 20, 2021
  • 1 min read

For the past 5 years, Luck Stone has used a regression model (based on building permits and consumer confidence) to forecast total sales. Recently, the model has started to underestimate the actual sales, and senior leadership would like for you to present an alternative model to the company. After sitting down to interview the leadership team, you agreed upon the following requirements:

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