A Bivariate Relationship Between Two Variables Measured at the Ordinal

question 32

Multiple Choice

A bivariate relationship between two variables measured at the ordinal level or higher in which the variables vary in opposite directions is called a

• A)strong link.
• B)weak link.
• C)positive relationship.
• D)negative relationship.

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Definitions:

Cyclical Variation

Fluctuations in data series that occur in regular or periodic patterns over time, often related to economic cycles.

Wavelike Pattern

A pattern characterized by cyclic alternations resembling the form of waves, which can occur in various contexts such as data trends or physical phenomena.

Exponential Smoothing

Exponential smoothing is a time series forecasting method for univariate data that applies weighting factors which decrease exponentially over time.

Forecast

A prediction or estimate of future events or trends, often based on current data and analysis.