Business Analytics, Loose-leaf Edition (3rd Edition)

3rd Edition

ISBN: 9780135231692

Author: James R. Evans

Publisher: PEARSON

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Correlation

Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.

Linear Correlation

A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.

Regression Analysis

Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as p…

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Textbook Question

Chapter 3, Problem 17PE

For the Excel file Closing Stock Prices,

apply both column and line sparklines to visualize the trends in the prices for each of the four stocks in the file.
compute the daily change in the Dow Jones index and apply a win/loss sparkline to visualize the daily up or down movement in the index.

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Chapter 3, Problem 16PE

Chapter 3, Problem 18PE

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Chapter 3 Solutions

Business Analytics, Loose-leaf Edition (3rd Edition)

Ch. 3 - Prob. 2PE Ch. 3 - Create a line chart for the closing prices for all...Ch. 3 - Create a pie chart showing the breakdown of...Ch. 3 - Create a stacked area chart contrasting primary...Ch. 3 - A national homebuilder builds single-family homes...Ch. 3 - The Excel file Facebook Survey provides data...Ch. 3 - Create a bubble chart for the first five colleges...Ch. 3 - Construct a column chart for the data in the Excel...Ch. 3 - The Excel file Internet Usage provides data about...Ch. 3 - Construct an appropriate chart to show the...

Ch. 3 - A marketing researcher surveyed 92 individuals,...Ch. 3 - In the Excel file Banking Data, apply the...Ch. 3 - Apply three different colors of data bars to...Ch. 3 - For the Store and Regional Sales database, apply a...Ch. 3 - For the Excel file Closing Stock Prices, apply...Ch. 3 - Create a useful dashboard for the data in the...Ch. 3 - Create a useful dashboard for the data in the...Ch. 3 - Create a useful dashboard for the data in the...

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For the Excel file Closing Stock Prices, apply both column and line sparklines to visualize the trends in the prices for each of the four stocks in the file. compute the daily change in the Dow Jones index and apply a win/loss sparkline to visualize the daily up or down movement in the index.

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Chapter 3 Solutions