Category: Decision
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Life Twists and Turns
As we say, we live once. This means that the opportunities provided by life should be used as much as possible. But how do you know that the chosen path is correct? So often we have to make decisions, think about it, or is it what I want? Already from elementary school, we have a…
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Linear Regression Forecasting and Decision Trees Case Study
Using forecasting techniques for predicting the changes in sales rates and, therefore, defining further strategies is a common pattern in modern business management (Simkin, Norman and Rose 318). The introduction of information technology tools has opened new horizons for marketers, yet also posed a range of threats in terms of the reliability of the data.…