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I'm attempting to forecast the amount of money spent on the purchase of
company cars for the remaining of the fiscal year. (Column 1: Costs of cars and Column 2: Volume of cars) I've done a simple regression but the Adjusted Square value was 80%. I dont think this would be the best way to forecast. I created an XY scatter chart to view the relationship and it is a direct relationship. I'm not sure which formula to use to obtain a very accurate forecast. Any help is appreciated. |
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