What outcome is most likely when using the CORREL function on sales and attendance data?

Prepare for the WGU BUIT2200 C268 Spreadsheets Exam. Study with interactive quizzes and detailed explanations. Boost your spreadsheet skills!

The CORREL function in spreadsheets is designed to calculate the correlation coefficient between two sets of data, which indicates the degree to which the two variables move in relation to one another. In the context of sales and attendance data, using the CORREL function effectively allows you to ascertain whether there is a significant relationship between the two—specifically, whether changes in attendance are associated with changes in sales figures.

A positive correlation would suggest that as attendance increases, sales also tend to increase, while a negative correlation would indicate the opposite. Therefore, the primary outcome of applying the CORREL function in this scenario is to find relationships between the two variables, making it the most relevant choice. This understanding can then guide further analysis or strategic planning but does not directly lead to identifying trends, determining specific sales goals, or evaluating product popularity; those would require different analytical approaches or functions.

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