When the Variables of Interest Are Both Categorical and the Decision

question 38

True/False

When the variables of interest are both categorical and the decision maker is interested in determining whether a relationship exists between the two, a statistical technique known as contingency analysis is useful.

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Definitions:

Line

A line is a one-dimensional shape that extends without end in both directions and lacks any thickness.

Points

Specific locations in space or positions on a graph, defined by their coordinates.

Perpendicular

At an angle of 90 degrees to a given line, plane, or surface or to the ground.

Line

A straight one-dimensional figure having no thickness and extending infinitely in both directions, defined by two points in Euclidean geometry.