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What is the purpose of using correlation analysis

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Reference no: EM132446396

Question 1: What is the purpose of using correlation analysis? How may correlation analysis be used in business decisions or in relation to strategy formulation and implementation?

Question 2: How is regression analysis used in forecasting? Provide examples.

Question 3: What is the purpose of using regression analysis? How may it be used to formulate strategies? Provide examples related to strategy formulation and implementation.

Reference no: EM132446396

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