Why linear model is valuable in terms of decision making

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Researchers have found that linear models produce superior predictions than experts across an impressive array of domains. In addition, research has found that more complex models produce only marginal improvements above a simple linear framework.

- Why linear model is valuable in terms of decision making?

- How can you use/apply this information going forward in your decision-making?

Write 200 words response

Reference no: EM132140817

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