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ESTIMATION OF THE DEVELOPMENT OF MINING OF CONSTRUCTION MINERALS IN THE CONDITIONS OF THE CZECH REPUBLIC AS A STRATEGIC TOOL FOR COMPANIES
Abstract
Regression analysis is one of the most used statistical methods, where it is necessary to determine the dependence of a certain quantitative (continuous) variable on one or more other quantitative (continuous) variables. The aim is to describe this dependence using calculations of given quantities. The paper aims to find the possibility of using this method in strategic management as a support tool. The research creates a tool in the MS Excel environment, which can find suitable dependencies according to defined parameters. The standard MS Excel package is chosen because it is a part of most operating systems in companies, and it is not necessary to choose more sophisticated statistical tools for basic knowledge of the issue. Surprising results are slight dependences of brick raw materials on macroeconomic indicators, where R values were calculated in the interval (0.11-0.20). This phenomenon will be further investigated by the authors and new quantities will be sought that could positively or negatively affect the mining of brick raw materials. There is also the possibility that there are qualitative quantities that cannot be quantified in economic models. These quantities would then have to be recalculated from qualitative features to quantitative-measurable. This can be, for example, changes in legislation and the transition to recycling technologies.
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