Task 5: Reflection

In the form of a short report, answer the following questions:

We used some historical data to fit regression models. What are the limitations of such data, if any?

Regression models can be used for 1) understanding a process, or 2) making predictions. In this assignment, do we have reasons to choose one objective over the other? How would the decision affect our models?

Overall, have your analyses answered the questions that you set out to answer?