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You are considering a cell phone package that needs no money down but has monthly payments of $18.50 for 36 months.The monthly interest rate for you is 1% per month.Alternatively, you can buy the cell phone outright for one fixed price.At which of the following prices would you be better to buy the cell phone?
Small Correlations
Weak statistical relationships between two variables indicating that they are slightly related.
Statistically Significant
A determination in data analysis that suggests an observed effect is unlikely to have occurred by chance alone.
Ex Post Facto Design
Ex Post Facto Design is a research approach where investigators study variables after the events have occurred, analyzing the effects of naturally occurring differences without manipulation.
Correlational Study
A research method that examines the relationship between two or more variables to determine if a change in one is associated with a change in others.
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