Posted: February 20th, 2022

Learning Goal: I’m working on a business writing question and need an explanatio

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Learning Goal: I’m working on a business writing question and need an explanation and answer to help me learn.InstructionsUse the APA7 template provided. In 500 minimum-600 maximum content words (title page, abstract, and (3) references not included in count), respond to the following questions:Why are forecasts important to organizations?Explain the role of regression analysis in business decision-making. What are the important properties of regression coefficients? Distinguish between correlation and regression analysis.What is the difference between a causal model and a time series model?The following are our company’s annual sales ($ million) data from 2015 to 2021. Use the trend equation to forecast sales for 2005.Year2015201620172018201920202021Sales$000,00016172528324350In an APA formatted Word document complete the following:Why are forecasts important to organizations?Explain the role of regression analysis in business decision-making. What are the important properties of regression coefficients? Distinguish between correlation and regression analysis.What is the difference between a causal model and a time series model?The following are our company’s annual sales ($ million) data from 2015 to 2021. Use the trend equation to forecast sales for 2005.Year2015201620172018201920202021Sales$000,00016172528324350
Requirements: 500 Words

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