To Quantify the Strength of Association Between an Ordinal and a Scale

question 46

True/False

To quantify the strength of association between an ordinal and a scale variable, first transform the scale variable into an ordinal variable.

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Definitions:

National Industrial Recovery Act

1933 law passed on the last of the Hundred Days; it created public-works jobs through the Federal Emergency Relief Administration and established a system of self-regulation for industry through the National Recovery Administration, which was ruled unconstitutional in 1935.

Business Codes

A set of guidelines and ethics that govern the operations of businesses to ensure fairness, transparency, and responsibility.

"Unfair" Competition

Business practices deemed unethical or illegal that give one company an unfair advantage over competitors.