Examlex
The ________ requires all contracts for the sale of goods costing $500 or more and lease contracts involving payments of $1, 000 or more to be in writing.
Variance
A measure of how much values in a dataset differ from the mean of that dataset.
Phi
A measure of association for two binary variables, reflecting the strength and direction of their relationship.
Nominal-Level
Pertains to data classification into non-numeric categories that cannot be logically ordered or ranked.
Positive Correlation
A relationship between two variables where an increase in one variable is associated with an increase in the other variable.
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