Multiple regression analysis is widely used in business research in order to forecast and predict purposes. It is also used to determine what independent variables have an influence on dependent variables, such as sales.
Sales can be attributed to quality, customer service, and location. In multiple regression analysis, we can determine which independent variable contributes the most to sales; it could be quality or customer service or location.
Now, consider the following scenario. You have been assigned the task of creating a multiple regression equation of at least three variables that explains Microsoft’s annual sales.
Use a time series of data of at least 10 years. You can search for this data using the Internet.
Submit your answers in a two page Word document.
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