What is regression analysis and how does it help in estimating a cost function?

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Learning Goal: I’m working on a business exercise and need support to help me learn.Please write an essay about the following: 1. What is regression analysis and how does it help in estimating a cost function? Interpret your results with a numerical example ( 200 words)2. Give 2 operating plan of SABIC company. ( 100 – 150 words)
Requirements: 350 words in total

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