Shown Below Is a Correlation Table Showing Correlation Coefficients Between

question 28

Essay

Shown below is a correlation table showing correlation coefficients between
population (millions), migration rate of mobile subscriptions to smart phones (in %) and
smart phone penetration per capita (in %) for a sample of 15 countries.
A. What is the correlation between migration rate of mobile subscriptions and population?
Interpret.
b. What is the correlation between smart phone penetration and population? Interpret.
c. What is the correlation between migration rate of mobile subscriptions and smart
phone penetration? Interpret.

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Definitions:

Sherman Act

A landmark federal statute in the United States antitrust law passed in 1890 which prohibits monopolistic practices and promotes competition.

Horizontal Merger

A corporate strategy where two or more companies that produce similar products or services merge.

Competitor

An individual or company in the same industry or market that sells or provides similar products or services, thereby engaging in competition.

Concentration Ratio

The percentage share of industry sales by the four leading firms.