Correlation analysis:

A) should not be used to predict market demand.
B) is a slightly more complicated version of sales factor analysis.
C) is based entirely on industry sales figures.
D) is a statistical refinement of the direct-derivation method.
E) is a nonstatistical method of expressing the relationship between market factors and future market demand.

Question

Correlation analysis:

A) should not be used to predict market demand.
B) is a slightly more complicated version of sales factor analysis.
C) is based entirely on industry sales figures.
D) is a statistical refinement of the direct-derivation method.
E) is a nonstatistical method of expressing the relationship between market factors and future market demand.

Quizplus · Accepted Answer

The Answer of Correlation analysis:

A) should not be used to predict market demand.
B) is a slightly more complicated version of sales factor analysis.
C) is based entirely on industry sales figures.
D) is a statistical refinement of the direct-derivation method.
E) is a nonstatistical method of expressing the relationship between market factors and future market demand.

Correlation Analysis: A) Should Not Be Used to Predict Market Demand