linear regression

ECO 510 Module Eight Critical Thinking Guidelines and Rubric
We know that a linear regression model is limited in its power to project into the future. In other words, one should be very careful in using linear regression to
make projections. Follow these steps in addressing this assigned critical thinking question:
1. Provide an explanation of why (or why not) this caution is warranted.
2. Find a real economic or business example to support your position.
3. Write a 1–page Executive Summary of the example and how it supports your position.
4. Include at least one graph that you have made using Microsoft Word’s chart feature. Make sure the graph includes:
a. Labels on both axes
b. A title
c. A legend
d. A caption listing the source of the data
Guidelines for Submission: Your response should be one to two pages in length with double spacing, 12-point Times New Roman font, one-inch margins, and
APA citations.