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Office Depot has developed wireless, handheld computers for its staff. When customers inquire about a product, a computer-equipped sales associate can pull Detailed information on products right out of the corporate database. Employees at one store can contact employees at another store for advice or information. This is an Example of how________ can be used to enhance marketing.
Coefficient Of Determination
The coefficient of determination, often denoted as R^2, is a statistic used in the context of statistical models whose main purpose is to provide a measure of how well observed outcomes are replicated by the model, based on the proportion of total variation of outcomes explained by the model.
Pearson Coefficient
A measure of the linear correlation between two variables X and Y, giving a value between -1 and 1.
Linear Relationship
A type of association where the change in a variable is consistent with the change in another variable, represented by a straight line on a graph.
Coefficient Of Determination
A measure used in statistical analysis that assesses how well a model explains and predicts future outcomes, typically represented as R-squared.
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