Question: Write a graph similar to the one in the downloaded file to indicate whether the correlation between variables A and B were found to be

Write a graph similar to the one in the downloaded file to indicate whether the correlation between variables A and B were found to be positive, negative, or minimal.

  • . Provide an explanation and justification for your decisions.

  In your words, explain what it means if the correlation of 2 variables is positive, negative, or minimal (close to 0), and give an example of each.

  • . What do you deduce from the correlations? Explain if you believe these to be short or long-term objectives and outcomes.
  • . What are the implications for Big D Incorporated regarding its client in the outdoor sporting goods?
  • . What are the implications for the penetration into the indoor sporting goods market?
  • . Also, how can you use the correlation tools to identify the variables in the research toward the expansion into the indoor sporting goods market?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Marketing Questions!