Advantages of correlation analysis


Give an example of how you could utilize correlation analysis for either the personal project or work related project.

What you would determine as the dependent variable (Y) and the independent variable (X)?

What you hypothesize may be the relationship between your X and Y variables?

How you would go about collecting your data?

What other variables (i.e., other Xs) that may impact your dependent variable?

What you think may be some of the advantages of correlation analysis vs. some of the deficiencies?

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Basic Statistics: Advantages of correlation analysis
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