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i. A coefficient of correlation r close to 0 (say, 0.08) shows that the relationship between two
Variables is quite weak.
ii. Coefficients of -0.91 and +0.91 have equal strength.
iii. If the coefficient of correlation is 0.68, the coefficient of determination is 0.4624.
Third Party
An entity not directly involved in a transaction or agreement but may be affected by it or have an interest in its outcome.
Business Transactions
Financial activities or agreements carried out between parties, often involving the exchange of goods, services, money, or property.
Principal
In a contractual relationship, the principal is the party who authorizes an agent to act on their behalf.
Certified Mail
A postal service that provides the sender with a mailing receipt and electronic verification that an item was delivered or that a delivery attempt was made.
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