What are some of the shortcomings and difficulties associated with the regression model Disney made for its forecast for Frozen? If you worked for Disney Studios, how might you improve the forecasting model? What other factors, besides gross box office, might you take into consideration when developing a forecast for home video units?
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The Forecasting Model of Disney - First of all we have to learn the concepts of regression and forecasting. In Regression there are two variables one is dependent and another one is independent. Regression is the statistical process in which industry
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