I have a correlation matrix for dependent var Vs independent variable as below:
Year 1 Sales Sales -0.5453 1.0000 PriceIndex -0.6089 Income -0.5033 Interest -0.3842
As we can see that all independent var have negative correlation with the dependent variable. However as one of the requirement that i have for my project is that based on these values can i predict correlation between my independent variables.
Kindly suggest if we can predict the same. Thanks, Shivi