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 is used primarily as a data exploration technique to reveal the degree of association in a set of matched data. This information can inform subsequent analyses of relationships between variables. In particular, correlation can indicate possible factors that confound a relationship of interest.
Trend analysis is important in the business and financial sectors. Trend analysis is often used to make projections and assessments of financial health. Financial analysts examine the past performance of their company, along with current financial conditions, to determine how their company will perform in the future. Normal trend analysis for most companies is based on the total dollar basis that most use for financial reporting. The total dollar basis in financial reporting is a fairly straightforward way for companies to provide investors and financial analysts with a snapshot of their financial health.