Mathematics · Averages and Statistics

Which of the following describes a potential limitation or problem when applying regression analysis in forecasting?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1It is mathematically impossible to evaluate how much reliance can be placed on the regression equation.
2It assumes that what has happened in the past reliably indicates what will happen in the future.✓
3It assumes the two variables are completely independent of each other.
4It strictly assumes a non-linear relationship for all variables.

Correct answer

It assumes that what has happened in the past reliably indicates what will happen in the future.

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