In: Statistics and Probability
When Disney Studios develops a forecast for home video units, it
uses the most recent regression...
When Disney Studios develops a forecast for home video units, it
uses the most recent regression model, which contains one year's
worrh of data, as a starting point. Why do you think it uses only
one year's worth of data in the model instead of using data for all
films and for all available years? Please provide as many reasons
as you can.