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A franchisor and franchisee who use the same trade name and trademarks and make no effort to inform the public of their separate legal status may find themselves in an "apparent agency" situation.
Correlation
A statistical measure that indicates the degree to which two variables fluctuate together, ranging from -1 (perfect negative correlation) to +1 (perfect positive correlation).
Variance
A statistical measure that represents the dispersion or spread of a set of data points around their mean value.
Coefficient of Determination
A statistical measure that represents the proportion of the variance for a dependent variable that's explained by an independent variable or variables in a regression model.
Correlation
A statistical measure that expresses the extent to which two variables change together, ranging from -1 to 1.
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