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Regression Analysis Is Used for Prediction,while Correlation Analysis Is Used

question 147

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Regression analysis is used for prediction,while correlation analysis is used to measure the strength of the association between two numerical variables.


Definitions:

Employee Performance

The evaluation of an employee's job related activities and their effectiveness in fulfilling their duties and responsibilities.

Career Planning

The ongoing process where individuals set career goals and develop strategies for achieving them, often involving education and training decisions.

Performance-management System

A framework used by an organization to monitor and evaluate the work performance of its employees, with the aim of improving efficiency and effectiveness.

Career-management System

A systematic process by which individuals develop and implement plans to achieve their occupational goals.

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