Inspired by your presentation on correlations, management begins scouring research reports for other associations between variables and buying likelihood. They come across a rather shaky report, which indicates that the number of checking and savings accounts a person is strongly correlated (or, as they've been saying, "causes") with whether or not they will buy a new tablet. Management now wants to ask the board about getting into a small banking operation, so as to get more folks to buy the new tablet. You recognize the lunacy of this plan, and need to stop them. What do you tell them?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 11PPS
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Inspired by your presentation on correlations, management begins scouring research reports for
other associations between variables and buying likelihood. They come across a rather shaky
report, which indicates that the number of checking and savings accounts a person is strongly
correlated (or, as they've been saying, "causes") with whether or not they will buy a new tablet.
Management now wants to ask the board about getting into a small banking operation, so as to
get more folks to buy the new tablet. You recognize the lunacy of this plan, and need to stop
them. What do you tell them?
Transcribed Image Text:Inspired by your presentation on correlations, management begins scouring research reports for other associations between variables and buying likelihood. They come across a rather shaky report, which indicates that the number of checking and savings accounts a person is strongly correlated (or, as they've been saying, "causes") with whether or not they will buy a new tablet. Management now wants to ask the board about getting into a small banking operation, so as to get more folks to buy the new tablet. You recognize the lunacy of this plan, and need to stop them. What do you tell them?
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