The decomposition approach to forecasting (using trend and seasonal components) may be helpful when attempting to forecast a time-series. Could an analogous approach be used in multiple regression analysis? Explain briefly.

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The Answer of The decomposition approach to forecasting (using trend and seasonal components) may be helpful when attempting to forecast a time-series. Could an analogous approach be used in multiple regression analysis? Explain briefly.

The Decomposition Approach to Forecasting (Using Trend and Seasonal Components)