Business forecasting is essential for the survival for companies of all sizes. The building block used by forecasters is historical data or the past performance of the business to predict future ...

Regression analysis refers to a method of mathematically sorting out which variables may have an impact. The importance of regression analysis for a small business is that it helps determine which ...

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. If you've ever ...

Journal of Population Research, Vol. 28, No. 2/3, Local and Small Area Modelling (2011), pp. 185-201 (17 pages) This study revisits a spatial regression approach for small-area population forecasting ...

Have you ever found yourself staring at a spreadsheet, trying to make sense of all those numbers? Many face the challenge of transforming raw data into actionable insights, especially when it comes to ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

A simple one-period-ahead and multiperiod-ahead prediction procedure for multivariate time series is suggested, based on the canonical correlation technique. The prediction procedure is direct in the ...