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ale4655 [162]
2 years ago
11

A realtor is trying to predict the value of a home. He has quantitative data available and has evidence that the home price has

a strong relationship to the square footage of the home. The best choice for a forecasting model is:_______.a. linear regression. b. moving average. c. market survey. d. exponential smoothing.
Business
1 answer:
nadya68 [22]2 years ago
6 0

Answer:

a. linear regression.

Explanation:

Based on the information provided within the question it can be said that in this scenario the best choice would be a linear regression model. That is because this type of approach deals with seeing to what extent there exists a relationship between two variables. Which in this case would be the quantitative data/prices and the square footage of the home.

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