~ xdisplay.promotion. This means that the promotion has a positive effect on unit sales, and the model can accurately predict unit sales based on whether the promotion is present or not.
Regression models are statistical models that are used to forecast a continuous result information based on one or more predictor variables. These models are employed to comprehend how the predictor and outcome variables relate to one another as well as to forecast the result variable. In disciplines like economics, finance, and psychology, regression models are frequently employed to forecast variables like future sales or psychological health. Regression models can be either linear or nonlinear, and they can also have numerous predictor variables. These models typically include an intercept and a slope for each predictor variable, which are used to calculate the predicted outcome.
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