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A Product or Service Should Be Described in Lay Terms

question 109

True/False

A product or service should be described in lay terms even if the product is technical in nature.


Definitions:

Dependent Variable

In statistical modeling, this is the variable being tested and measured, often considered the outcome variable that researchers are interested in explaining or predicting.

Correlation Coefficient

A numerical measure that assesses the strength and direction of the linear relationship between two quantitative variables.

Continuous

Refers to data that can take any value within a given range.

Ratio

A relationship between two quantities indicating how many times the first number contains the second.

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