Finding correlation involves measuring the strength and direction of the relationship between two variables. Correlation analysis helps businesses understand how changes in one variable may affect another, aiding in predictive modeling and decision-making. Identifying correlations is crucial for strategic planning and optimization.
What is the correlation between advertising spend and sales revenue?
How do customer satisfaction scores correlate with repeat purchase rates?
What is the correlation between employee training hours and productivity levels?
How do changes in pricing correlate with sales volume across different products?
