Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Download Solution

Related Solution

final_IMC_1643276743...
The major selling ideas can include the unique selling position, brand image, positioning and other important strategy for communicating with the consumers in a proper manner. Major selling idea can b...

Final_IMC
Final_IMC

The major selling ideas can include the unique sel

Quiz 1_1663652215.do...
1.False 2.all of the above 3.True 4.True 5.all of the above

Quiz 1
Quiz 1

1.False 2.all of the above 3.True 4.True 5.all of

Arguments_1633413062...
1. The issue can be defined as the act of passing and having an opposite viewpoint whereas the argument involves the point of view of several individuals in order to claim the doubt in a proper manner...

Arguments
Arguments

1. The issue can be defined as the act of passing

Unit 5 Individual Project

Unit 5 Individual Project

Q Next, download the file Sample Data. Prepare a chart 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 explanation and justification for your decisions. In your own 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 their 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?

View Related Questions

Solution Preview

View Complete Solution
The correlation indicates the strength of the relationship between two variables. The correlation value is a numeric figure that reflects the degree of dependence between the two variables. If the variables have a direct relationship, then there is a positive correlation between them, and if they have an inverse relationship, then the correlation is negative. In case, the variables are loosely related to each other, they have a minimal correlation. The correlation can be used as a significant tool in business decision making since it provides a better idea about the underlying relationships among the impacting factors of a business environment.