Correlation & Regression
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What results in your departments seem to be correlated or related (either causal or not) to other activities?
How could you verify this?
What are the managerial implications of a correlation between these variables?
At times we can generate a regression equation to explain outcomes. For example, an employeeâ€™s salary can often be explained by their pay grade, appraisal rating, education level, etc.
What variables might explain or predict an outcome in your department or life?
If you generated a regression equation, how would you interpret it and the residuals from it?