CORRELATION AND REGRESSION ANALYSIS AS A METHOD FOR FORECASTING THE ECONOMIC DEVELOPMENT OF AN ENTERPRISE
Keywords:
Key words: correlation and regression analysis, forecasting, random variables, effective sign.Abstract
Abstract: this article discusses correlation and regression analysis as a method of predicting the economic development of an enterprise. Calculation of correlation coefficients allows to determine the closeness and direction of the relationship between the studied indicators. Regression analysis is a natural continuation of correlation analysis and consists in determining the analytical expression of the relationship between the resulting value and factor indicators.
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