Question: Match the business analytics technique included in Excels Data Analysis Tool-Pak to its use. Business Analytics Technique Included in Excel's Data Analy- sis ToolPak Correlation
Match the business analytics technique included in Excel’s Data Analysis Tool-Pak to its use.
Business Analytics Technique Included in Excel's Data Analy- sis ToolPak Correlation Regression Descriptive statistics Histogram Pivot tables Use To understand the frequency of the data using a display of rectangles with areas proportional to the underlying frequency of the data To understand if and the extent to which variables are related to each other To query, organize, and summarize data to make comparisons and see patterns or trends in the data To understand the basic statistics, including the mean, standard deviation, minimum, and maximum of a data set To understand the relation between specific outputs and variable inputs
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