A written posting that is 250 to 450 words (i.e., a narrative less than 2 pages in APA format) that is embedded in the discussion board (no attachments).
Your initial/original posting should address the situation/points below.
Discuss an example of a professional decision-making situation for which you believe it would potentially be beneficial to use simple or multiple linear regression analysis to improve the quality of the decision-making process. You shall be expected to select a situation that involves a decision-making process that is complex and involves important outcomes. Your posting shall be expected to address each of the following matters:
Describe the situation in detail, including describing the complexity of the decision(s) being made and the importance of the decision(s) being made.
Describe in detail the dependent and independent variable(s) that you believe would be appropriate.
Describe in detail how you envision the proposed quantitative analysis technique(s) that would potentially improve decision-making relative to the described situation.
Describe in detail any potential challenges or impediments to using simple or multiple linear regression analysis in the described situation that you might foresee.