The concept of correlation and how can it can be used by business in decision making is introduced in this video for Business students.
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VIDEO CHAPTERS
0:00 Introduction
1:27 Correlation Variables
2:23 Plotting Correlation - Example
3:22 Explaining the Scatter Chart
4:08 Types of Correlation
5:17 Positive correlation
6:10 Negative correlation
6:36 No correlation
7:06 Strong or Weak Correlation?
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