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What does this mean and what is the significance of the

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Discussion Question-1 (answer in 3- paragraphs) APA style, and cite work, please, provide references

Discussion Question 1

One of the often-repeated mantras is "Correlation is not causation."

-What does this mean, and what is the significance of the expression for business analytics?

Justify your answers with examples and reasoning

Discussion Question-2 (answer in 3- paragraphs) APA style, and cite work, please, provide references

-Differentiate between correlation and regression in the context of business.

-Describe the circumstances under which a marketing manager would benefit more from correlation than from regression.

a) Also, describe the circumstances under which the marketing manager would benefit more from regression than from correlation.

-In terms of the type of information, what is the difference between correlation and the tests of differences (t-test and chi-square test)?
Justify your answers with examples and reasoning.

Reference no: EM13576538

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