Variable A Variable B Correlation: positive, negative,...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Variable A
Variable B
Correlation:
positive, negative, minimal?
Number of indoor basketball leagues in demographic area
Three college basketball teams and one NBA team in region to spark interest.
High demographic of younger target market.
Lack of any indoor sporting facilities.
High number of indoor sporting facilities.
Extremely warm geographic area.
Rural geographic setting.
High-income geographic area.
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?
PLEASE USE SOMETHING THAT HAS NOT BEEN USED BEFORE.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!