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Any Correlation That Is Equal to or Greater Than the Absolute

question 80

True/False

Any correlation that is equal to or greater than the absolute value of .20 is typically uninteresting to marketing researchers because it rarely identifies a meaningful association between two variables.


Definitions:

Average Number

The result obtained by adding several quantities together and then dividing this total by the number of quantities; the arithmetic mean.

Woman

is an adult human female.

Fertility-Rate Calculations

The computation of the average number of children that would be born to a woman over her lifetime in a specific population.

Replacement Rate

In economics, the ratio of a person's retirement income to their pre-retirement income, often focused on social security benefits.

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