Abstract
When beginning the process of forecasting, it may be easier to start with expenses, not revenues. It’s much easier to forecast expenses than revenues since all successful businesses expend time and efforts to implement operational budgets to implement resource allocation and monitor performance. Regression has two statistical methods relevant in guiding the budgeting process:
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Boffa, J. (2023). Planning Expenses and Investments. In: AI Assisted Business Analytics. Springer, Cham. https://doi.org/10.1007/978-3-031-40821-2_7
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DOI: https://doi.org/10.1007/978-3-031-40821-2_7
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Publisher Name: Springer, Cham
Print ISBN: 978-3-031-40820-5
Online ISBN: 978-3-031-40821-2
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