# Ch 6: Measures of Association & Correlation in Business

If you need some help catching up in class or finishing a tough assignment, check out this chapter on the measures of correlation and association in business. We've made these topics easy to understand with clearly written lessons and brief self-assessment quizzes.

## Measures of Association & Correlation in Business - Chapter Summary

Our chapter on the measures of association and correlation in business is accessible 24 hours a day to help you study whenever it's convenient. You'll review bite-sized lessons on topics like correlation and causation, the correlation coefficient and the relationship between variables. Along with each lesson, we've included a short self-assessment quiz to ensure you understand what you're learning. Help from one of our expert instructors is just a few clicks away in the Dashboard. Once you finish this chapter, you should be able to:

• Differentiate between correlation and causation
• Discuss the relationship between variables
• Explain the formula used for the correlation coefficient
• Use the raw score method to compute the correlation coefficient
• Give an example of coefficient of determination
• Detail the significance of the Pearson correlation coefficient
• Describe business and finance uses for measures of correlation
• Calculate the correlation coefficient in Excel

8 Lessons in Chapter 6: Measures of Association & Correlation in Business
Test your knowledge with a 30-question chapter practice test
Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

### Earning College Credit

Did you know… We have over 220 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.