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For each of 200 randomly selected cities, Pete recorded the number of churches in the city (x)and the number of homicides in the past decade (y). He calculated the linear
correlation coefficient and was surprised to find a strong positive linear correlation for the
two variables. Does this suggest that building new churches causes an increase in the number
of homicides? Why do you think that a strong positive linear correlation coefficient was
obtained? Explain your answer with reference to the term lurking variable.
Crowdfunding
Securing capital for a project or business by requesting small financial contributions from a large group of individuals, mainly via online channels.
Product Pitch
A presentation or argument made to potential customers or investors, highlighting the benefits and value of a product.
Crowdfunding
A strategy for acquiring funds by leveraging the combined contributions of relatives, friends, clients, and independent investors.
Funding Goal
The specific amount of money that a project or venture aims to raise within a given timeframe, often through means such as loans, investments, or crowdfunding campaigns.
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