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It sounds like they are using just a basic Linear Regression to forecast growth. And to the uninitiated, this sounds like a very fancy word, that makes the sof
by blackrock 6y ago
It sounds like they are using just a basic Linear Regression to forecast growth.
And to the uninitiated, this sounds like a very fancy word, that makes the software seem smart.
But really, it’s just drawing a straight line. And as you add more counts to your x axis, the Linear Regression “forecasts” what the value is on the y axis. This is the magical number, given by the computer, and is used to determine future load or capacity needs.