Submitted by robric18 t3_z6916m in explainlikeimfive
MotsPassant t1_iy1ajta wrote
Reply to comment by Vilsue in Eli5: How do companies predict if gas will go up tomorrow? by robric18
I don't think that answers the question
Vilsue t1_iy35fhy wrote
mom is the world bank/general population (the basic source of money)
candy is any commodity like oil
you and your brother are contries/goverments
Stores are commodity producing countries, you are banned from buying in specific places because of politics/sanctions/ custom duties
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How is it not eli5?
MotsPassant t1_iy3fyuf wrote
I didn't say it was not eli5, I said it doesn't answer the question. You tried to explain why prices fluctuate, not how companies can predict the prices accurately.
Vilsue t1_iy5r5il wrote
oh, they just use mathematical models like regresion analysis
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