What would be the best possible independent variable in a regression determining Sales next period, Sales_t+1? A) Sales _t+1 B) Sales _t C) Sales _t-1 D) Sales _t-2

Question

Quizplus · Accepted Answer

The best possible independent variable for predicting Sales next period (Sales_t+1) would be the sales from the current period (Sales _t), as it directly precedes the period being predicted and likely has the most relevant influence on future sales.

What Would Be the Best Possible Independent Variable in a Regression