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If You Would Like to Examine the Relationship Between Two

question 8

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If you would like to examine the relationship between two categorical variables, which type of correlation coefficient would you use?


Definitions:

Manufacturing

The process of converting raw materials, components, or parts into finished goods that meet a consumer's expectations or specifications.

Brand

Name, term, sign, symbol, design, or some combination that identifies the products of one company and differentiates them from competitors’ offerings.

Nike Swoosh

The iconic logo of Nike, Inc., representing movement and speed, and one of the most recognized brand symbols globally.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, transforming economies from primarily agrarian societies into industrialized nations.

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