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This paper responds to published scientific papers which compile econometric models of extraction of selected mineral resources. Mining prediction models can be new tools to increase the competitiveness of mining enterprises. Comparing the results of mining prediction and real data is important for further research on the issue. Specification of the results will lead to better managerial decisions in strategic and operational management. The results of the paper can lead to the clarification of the so-called rando...

Regression analysis is widely used in situations where it is necessary to determine the dependence of a certain quantitative (continuous) variable on one or more other quantitative (continuous) variables, so-called regressors. It is necessary to determine in advance which variable is independent (explanatory) and which is dependent (explained). The aim of the regression analysis is to describe this dependence using a suitable mathematical-statistical model. The presented paper aims to find the possibilities of usi...