If Two Variables, X and Y, Have a Strong Linear

question 27

Multiple Choice

If two variables, x and y, have a strong linear relationship, then _____.

• A) there may or may not be any causal relationship between x and y
• B) x causes y to happen
• C) y causes x to happen
• D) None of the answers is correct.

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Definitions:

Franchisor

A business entity that allows individuals or other businesses to operate a location or outlets under its brand name, providing a business model, brand, and support in exchange for fees and adherence to its operational guidelines.

Loss Of Control

The reduction or elimination of an individual's or entity's power to make decisions in a company or over its assets.

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Bulk Purchasing

The process of buying goods in large quantities at a discounted rate to save money and increase profit margins.