Define the Following:measure of Association

question 51

Short Answer

Define the following:measure of association

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Definitions:

Major Costs

The significant expenses incurred in the operation of a business or the execution of a project.

Databases

Structured collections of data or information typically stored electronically in a computer system, utilizing software to manage, update, and retrieve the data efficiently.

Street Maps

Visual representations of geographical areas showing roads, buildings, and various landmarks, used for navigation.

Location Decisions

The process of choosing a geographical site for a company’s operations, facilities, or stores based on factors such as cost, customer proximity, and infrastructure.