Discuss the following:
You are in a brainstorming session at WidgeCorp, where no idea is too outrageous. You are discussing penetration in the school lunch market. Ideas around school lunch subsidies, Internet subsidies, and Internet target marketing are being discussed. As the end of the meeting, the group asks you to prove or disprove some assumptions by looking at correlations.
First, acquaint yourself with the Internet subsidy issue by reading the article Closing the Digital Divide: Internet Subsidies in Public Schools by Austan D. Goolsbee and Jonathan Guryan.
Based on the findings as reported in this article, prepare a chart similar to the one in the downloaded file to indicate if the correlation between Variables A and B were found to be positive, negative, or minimal.
Explain what it means if the correlation of two variables is positive, negative, or minimal (close to 0), and give an example of each in your own words.
References
Goolsbee, A. D., & Guryan, J. (2003). Closing the digital divide: Internet subsidies in public schools. Capital Ideas, 5(1). Retrieved from the University of Chicago Booth School of Business Web site:
https://www.chicagobooth.edu/capideas/summer03/digitaldivide.html