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Correlation and regression based problem

Please provide a 250-300 word explanation for the below discussion question and please include APA style in-text quotation marks, citations, and references!!

Q1. In correlation and regression we are examining relationships between two or more variables (i.e., ad spending and sales). However in most studies we do we cannot say that one variable (ad spending) causes the other (sales). Why not? What has to be the case for us to discuss one variable "causing" another?

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Solution Preview :

Prepared by a verified Expert

Basic Statistics: Correlation and regression based problem

Reference No:- TGS0684855

Have a Question? (oR Write a Review)

Recent Questions Asked Basic Statistics

Q : Compute the total restaurant sales

Q : Determine if this constitutes cheating

Q : Find probability that drawer with two gold balls was chosen

Q : What is the budgeted production level for each month

Q : Correlation and regression based problem

Q : Assume x beginning capital balance

Q : The preparation departments ending work in process inventory

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Solution Preview :

Prepared by a verified Expert

Basic Statistics: Correlation and regression based problem

Reference No:- TGS0684855

Recent Questions Asked Basic Statistics

Q : Compute the total restaurant sales

Q : Determine if this constitutes cheating

Q : Find probability that drawer with two gold balls was chosen

Q : What is the budgeted production level for each month

Q : Correlation and regression based problem

Q : Assume x beginning capital balance

Q : The preparation departments ending work in process inventory

Q : Frequency distribution on the age of internet users

Q : Direct materials are placed in process

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