If a feedback relationship exists between two separate variables, then in spread

Question

If a feedback relationship exists between two separate variables, then in spreadsheet terms, this relationship is indicated by what is known as absolute referencing.

There are three primary sources of marketing data: internal collections, specialty research companies, and government agencies.

Geographic information systems have been designed to identify and display relationships between business data and locations. Once the base maps have been created, the next step is to overlay additional data on the maps.

Managers often use commercially available spreadsheet software. If a feedback relationship exists between two separate variables, then a spreadsheet will indicate that there is a_____.

______ ________ have been designed to identify and display relationships between business data and locations. Once the base maps have been created, the next step is to overlay additional data on the maps.

Explanation / Answer

1) Managers often use commercially available spreadsheet software. If a feedback relationship exists between two separate variables, then a spreadsheet will indicate that there is a correlation between the two variables.

Correlation is determined using “correlation coefficient”, a number resulting from the statistical analysis that indicates the relationship between the two variables.

2) Location Intelligence or Geographical Information Systems (GIS) have been designed to identify and display relationships between business data and locations. Once the base maps have been created, the next step is to overlay additional data on the maps.

Location intelligence is also known as spatial intelligence.

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