Waller Enterprises has determined that three variables play a key role in determining company revenues. To arrive at an objective forecast of revenues for the next accounting period, Waller should use:

Waller Enterprises has determined that three variables play a key role in determining company revenues. To arrive at an objective forecast of revenues for the next accounting period, Waller should use: 



A. simple regression.
B. multiple regression.
C. a scatter diagram.
D. complex regression.
E. the high-low method.



Answer: B. multiple regression.


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