Why Is Regression Analysis Necessary in Business? What Categories of Regression

question 22

Essay

Why is regression analysis necessary in business? What categories of regression models are used?

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Definitions:

Smith v. Allwright

A landmark Supreme Court case in 1944 that ruled white primaries unconstitutional, marking a significant step towards ending racial discrimination in voting.

NAACP

The National Association for the Advancement of Colored People, a civil rights organization founded in 1909 to fight for the rights of African American people.

Computer Revolution

The rapid advancement in computing technology and its widespread integration into all aspects of daily life and society, significantly altering business, education, and social interactions since the late 20th century.