Forecasting with linear regression
Forecasting with linear regression in SQL is useful because it allows us to make predictions about future values based on historical data and other relevant factors. By using SQL to build and analyze these models, we can gain insights into how different factors affect our business and make more informed decisions about how to allocate resources and plan for the future.
Some of the benefits of using linear regression for forecasting in SQL include the following:
- Simplicity: Linear regression is a simple and widely used technique for predicting future values. By using SQL to build and analyze these models, we can easily incorporate data from different sources and perform calculations that might be difficult or time-consuming in other software.
- Flexibility: Linear regression can be used to predict a wide range of values, including sales, website traffic, customer engagement, and more. By using SQL to build and analyze these models, we...