Correlation is an important concept that can be used to analyse data sets and assist business leaders in gaining useful insights into the relationships between business outcomes.
![](/media/31710/person-making-a-decision.jpg)
The term of lease refers to the length of time a tenant is legally bound to a lease agreement. It can range from months to years and outlines the start and end dates. This period determines the tenant's occupancy and rent obligations during that time.