To findout whether a relationship exists brtween events.
What is the correlation between interrest rates and credit card uasge/
my line of business is manufacturing
Must be the human soul was willing to do business. To lead to success
"http://wiki.answers.com/Q/Use_of_correlation_and_regression_in_business"
The correlation analysis is use in research to measure and interpret the strength of a logistic relationship between variables.
The benefit of using correlation and regression analysis in business decisions is that it allows you to weigh outcomes. This can help managers see if they should continue with their current model or make changes to it.
The business Vodafone is located in New Zealand. They are a business that provides internet and wireless phone services to their customers. The usage of the internet and mobile usage can be monitored on their website.
monitored business resources
Auto correlation is the correlation of one signal with itself. Cross correlation is the correlation of one signal with a different signal.
positive correlation-negative correlation and no correlation
No. The strongest correlation coefficient is +1 (positive correlation) and -1 (negative correlation).
Correlation and regression analysis can help business to investigate the determinants of key variables such as their sales. Variations in a companies sales are likely to be related to variation in product prices,consumers,incomes,tastes and preference's multiple regression analysis can be used to investigate the nature of this relationship and correlation analysis can be used to test the goodness of fit. Regression can also be used to estimate the trend in a time series to make forecast