A Scatter Diagram Can Be Used to Understand the Strength

question 1

True/False

A scatter diagram can be used to understand the strength of the relationship between the variables on its X- and Y-axes by examining the position of the points on the diagram.

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Definitions:

Customer Behavior

The study of how individual customers, groups or organizations select, buy, use, and dispose of goods, services, ideas, or experiences.

BI

Business Intelligence, the strategies and technologies used by enterprises for data analysis of business information.

Contact Management

A strategy or software used for managing contacts' information and interactions with the organization.

Sales Forecasting

The process of estimating future sales. It helps companies predict the amount of revenue a business will generate over a given period.