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Market researchers use it by correlating product attribute ratings with a dependent measure such as overall satisfaction. They then rank the product attributes to determine which attributes are the most important. They call this Key Driver Analysis.

1) How would you respond if someone told you that the correlation between education level and salary was 1.27?

2) What if someone told you that this correlation was .462 dollars?

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Statistics and Probability, Statistics

Category:- Statistics and Probability
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