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- W2896617437 abstract "An essential part of managing any organisation be it governmental, commercial, industrial or social, is planning for the future by generating adequate forecasts of factors that are central to that organisation’s successful operation. Methods of forecasting fall into two groups; qualitative and quantitative. Among the former fall expert judgment and intuitive approaches. Such methods are particularly used by management when conditions in the past are unlikely to hold in the future. In all branches of scientific enquiry, no statistical tool has received the attention given to regression analysis during the last 30 years. A frequent misconception among non-statistical users of regression is that the technique’s prime objective is to generate forecasts. Besides being a forecasting tool, regression analysis attempts to shed light on the mechanisms that relate variables. Knowledge of such mechanisms would, in some circumstances, permit a degree of control." @default.
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- W2896617437 date "2018-01-01" @default.
- W2896617437 modified "2023-09-27" @default.
- W2896617437 title "Economic Forecasting Using Regression" @default.
- W2896617437 doi "https://doi.org/10.1007/978-3-319-92985-9_6" @default.
- W2896617437 hasPublicationYear "2018" @default.
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