Select any blank cell (such as F2) and type = forecast and then use Ctrl+A to bring up the Function Arguments dialog box for the linear regression forecast function.

Linear forecasting models can be used in both types of forecasting methods. In the case of causal methods, the causal model may consist of a linear regression with several explanatory variables.

The benefits of regression analysis are manifold: The regression method of forecasting is used for, as the name implies, forecasting and finding the causal relationship between variables.

Now that you've got a good sense of how to 'speak' R, let's use it with linear regression to make distinctive predictions.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

India is the largest producer of cotton in the world. For proper planning and designing of policies related to cotton, robust forecast of future production is utmost necessary. In this study, an ...