Rarely is role playing viewed as the effective and useful coaching tool that it is. When set up and used correctly, role playing is one of the most helpful ways to train and develop your employees.
Correlation Analysis. Correlation analysis is a method for measuring the covariance of two random variables in a matched data set. Covariance is usually expressed as the correlation coefficient of two variables X and Y. The correlation coefficient is a unitless number that varies from -1 to +1.
Regression analysis is one of the most important statistical techniques for business applications. Itâs a statistical methodology that helps estimate the strength and direction of the relationship between two or more variables. The analyst may use regression analysis to determine the actual relationship between these variables by looking at a corporationâs sales and profits over the past several years.