Which statistical technique would be the most appropriate to predict the quantity demanded for its tablets? Why?
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Which statistical technique would be the most appropriate to predict the quantity demanded for its tablets? Why?
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A company that manufactures tablets has information about the variables that impact the demand for its tablets. The variables include household income, price of substitute products, age, gender, education level, marital status, and number of children. Which statistical technique would be the most appropriate to predict the quantity demanded for its tablets? Why?
