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The correlation can't be quantified, but qualitatively speaking people who operate in a more ethical manner are more likely to be trusted. Because ethics are somewhat relative (take for example how different people feel about President Trump - some would say he is ethical, others would not), that complicates things slightly ... but generally speaking if you are well known for being and have for a long time been seen as someone who is ethical, people are more likely to trust you. Oddly, while it can take a long time to earn this, one bad decision can totally change the way you're viewed (e.g. 20 years of being a great person can be overshadowed by one instance of fraud).
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Whats the correlation between interest rates and credit card usage?
What is the correlation between interrest rates and credit card uasge/
Importance of Ethics in Business Communication?
Ethical communications build trust between trade parties. Trust reduces the friction in the business process. Examples of friction are paperwork, inspections, audits, and other administrative tasks which occur due to lack of trust in the other party.Conversely, lack of trust can lead to loss of customers and excessive administrative tasks. It can slow negotiations and lead to lengthy disputes.If stockholders do not trust the company the price of the stock will be adversely impacted. If lenders lack trust they will demand a higher interest rate and even more protective clauses and audits.
What is the difference between real asset and financial aseet?
fair and ethics
Why business choose between good ethics and financial benefits?
Businesses choose between good ethics and financial benefits because they fail to recognize that practicing ethically results in financial benefits in the long run. In other words, they make such choices when they are short-sighted.
What is management of ethics and the difference between ethical management?
The definition of ethics is knowing what is acceptable an unacceptable. To manage ethics means to create a code or policy for all who comply to ethical behavior. Ethical management pertains to training those who are corporate professional, or management so as to better guide those working under them.
Is there a correlation between handedness and thumb dominance?
No, there is not a correlation.
What is multiple correlation coefficient and partial correlation coefficient?
partial correlation is the relation between two variable after controlling for other variables and multiple correlation is correlation between dependent and group of independent variables.
Why is professional ethics important?
professionalism deals with trust. so, professional ethics is important to do better.
What is the type of correlation where there in no relationship between two data sets?
There is no correlation.
What is the maximum and minimum value of the correlation coefficient?
The correlation can be anything between +1 (strong positive correlation), passing through zero (no correlation), to -1 (strong negative correlation).
What is the relationship between correlation and causation?
correlation implies the cause and effect relationship,, but casuality doesn't imply correlation.
What is the difference between positve and negative correlation?
Positive correlation has a positive slope and negative correlation has a negative slope.
Is there a real correlation between HPV and oral cancers?
Yes. There is a real correlation between HPV and oral cancers
What is the correlation coefficient of -2?
A serious error. The maximum magnitude for a correlation coefficient is 1.The Correlation coefficient is lies between -1 to 1 if it is 0 mean there is no correlation between them. Here they are given less than -1 value so it is not a value of correlation coefficient.
What is a line that shows the correlation between two data sets called?
There is no line that shows the correlation between two data sets. The correlation is a variable that ranges between -1 and +1.You may be thinking about regression which, although related, is not the same thing.There is no line that shows the correlation between two data sets. The correlation is a variable that ranges between -1 and +1.You may be thinking about regression which, although related, is not the same thing.There is no line that shows the correlation between two data sets. The correlation is a variable that ranges between -1 and +1.You may be thinking about regression which, although related, is not the same thing.There is no line that shows the correlation between two data sets. The correlation is a variable that ranges between -1 and +1.You may be thinking about regression which, although related, is not the same thing.
What is a sample correlation?
If measurements are taken for two (or more) variable for a sample , then the correlation between the variables are the sample correlation. If the sample is representative then the sample correlation will be a good estimate of the true population correlation.
Why the value of correlation coefficient is always between -1 and 1?
Why the value of correlation coefficient is always between -1 and 1?
