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i. A correlation coefficient of -1 or +1 indicates perfect correlation.
ii. A coefficient of correlation r close to 0 (say, 0.08) shows that the relationship between two
Variables is quite weak.
iii. Coefficients of -0.91 and +0.91 have equal strength.
Monopolies
Market situations where a single entity exclusively controls a commodity or service, limiting competition.
Famous British Trading Companies
Renowned companies from Britain historically involved in international trade, such as the British East India Company, which played significant roles in global commerce.
Governmental Powers
Governmental Powers refer to the authorities and powers granted to government bodies to create, enforce, and interpret laws governing the society they serve.
Publicly Held Corporation
A corporation whose shares are publicly traded on stock exchanges, allowing for ownership by public investors.
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