The article begins with a formulation for predictive learning called multiple regression model.

Theoretical approach on construction of the regression models is described. The key information of
the article is the mathematical formulation for the forecast linear equation that estimates the multiple
regression model. Calculation the quantitative value of dependent variable forecast under influence of
independent variables is explained. This paper presents the retail sales forecasting with multiple
model estimation. One of the most important decisions a retailer can make with information obtained
by the multiple regression. Recently, a changing retail environment is causing by an expected
consumer’s income and advertising costs. Checking model on the goodness of fit and statistical
significance are explored in the article. Finally, the quantitative value of retail sales forecast based on
multiple regression model is calculated.