Linear regression

Linear regression is a quantitative statistical technique often used for forecasting, but based on the assumption that the future will be just like the past. to the extent that historical relationships are unstable, linear regression is less accurate.

Definition

According to the Strategic Management by David and David (15th edition),

Linear regression. A quantitative statistical technique often used for forecasting, but based on the assumption that the future will be just like the past. to the extent that historical relationships are unstable, linear regression is less accurate.