APPENDIX C:ADDITIONAL LEANSIX SIGMA TOOLSAND METHODS
CORRELATION AND REGRESSION ANALYSIS
Correlation and regression analysis is used to determine the strength and direction of a linear relationship that exists between two continuous variables. Correlation and regression analysis can be used for three major reasons:
Prediction: To estimate how the number of sales calls made in a month translates into the number of units sold
Explanation: To determine to what extent the amount of money ...