You Are a Consultant Offering Advice to a Large Manufacturing

question 60

Essay

You are a consultant offering advice to a large manufacturing firm about ways to increase its distinctive competency in customer responsiveness. What suggestions would you offer? Be specific and detailed in your answer.

---

Definitions:

Random Sample

A sample drawn in such a way that each member of the population has an equal chance of being selected.

Correlation Coefficient

A numerical measure that indicates the extent of a linear relationship between two variables, ranging from -1 to 1.

Straight Line

In mathematics and statistics, a linear relationship or function that can be graphically represented as a straight line in Cartesian coordinates.

Correlation Coefficient

A statistical measure ranging from -1 to 1 that indicates the strength and direction of the linear relationship between two variables.