Examlex
i. The technique used to measure the strength of the relationship between two sets of variables using the coefficient of correlation and the coefficient of determination is called regression analysis.
ii. In order to visualize the form of the regression equation, we can draw a scatter diagram.
Iii) A line found using the least squares principle is the best-fitting line because the sum of the squares of the vertical deviations between the actual and estimated values is minimized.
Product Complementarity
This refers to how products or services can enhance or complete the value of each other when used or consumed together.
Room Designs
The art and practice of planning and arranging spaces in buildings and homes, focusing on aesthetic and practical considerations to create functional and appealing interiors.
IKEA
A multinational company of Swedish origin, known for its affordable and ready-to-assemble furniture, home accessories, and modern design offerings.
Brand Personalities
The human-like attributes and traits associated with a brand, influencing how consumers perceive and relate to it.
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