What Is the Difference Between Multiple Regression Analysis and the Analog

question 29

Multiple Choice

What is the difference between multiple regression analysis and the analog approach?

• A)The analog approach gathers its information through nationwide customer surveys.
• B)Multiple regression analysis uses geo-demographic segmentation systems to determine potential sales in a new market.
• C)The analog approach uses statistics rather than judgment to predict sales.
• D)Multiple regression analysis uses statistics rather than judgment to predict sales for a new store.
• E)Multiple regression analysis cannot be used to determine potential sales like the analog approach.

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Definitions:

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