Consider the use of predictive analysis with regression to project sales for next quarter. When...
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Accounting
Consider the use of predictive analysis with regression to project sales for next quarter. When the quarter has ended, the predicted and actual results are compared, and a large discrepancy is noted. How should this discrepancy be treated? How would you explain the discrepancy to the audit manager and what suggestions would you offer to the manager to minimize large discrepancies in the future?
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