Which predictive analytics technique predicts the level of advertising expenditures based on past advertising expenditures?
Question
Which predictive analytics technique predicts the level of advertising expenditures based on past advertising expenditures?
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Solution 1
The predictive analytics technique that predicts the level of advertising expenditures based on past advertising expenditures is called Time Series Analysis.
Here are the steps to use this technique:
- Data Collection: Gather historical data on advertising expenditures. This data should be colle Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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