Examlex
The phi-coefficient is the correct correlation to use when both X and Y are dichotomous variables.
Probability
An assessment of event occurrence likelihood, denoted as a fraction or decimal between 0 and 1.
DVD Rental Store
A business that offers DVDs for rent, allowing customers to borrow movies for a specified period before returning them.
Sampling Distribution
The statistical probability layout produced by examining a random sample.
Sample Proportion
The fraction or percentage of the sample that exhibits a particular trait or characteristic, used to estimate the proportion in the entire population.
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