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.
What is the importance of Correlation? 1. Most of the variables show some kind of relationship. For instance, there is relationship between price and supply, income and expenditure etc. With the help of correlation analysis we can measure in one figure the degree of relationship. 2.