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The Strength and Direction of the Relationship Between Two Variables

question 6

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The strength and direction of the relationship between two variables is expressed with a statistic called the


Definitions:

Cause

A reason for an action or condition, or something that brings about an effect or result.

Variance

The difference between planned, budgeted, or standard costs and actual costs, often analyzed to control spending and improve financial management.

Time And Motion Studies

A business efficiency technique combining time study and motion study to standardize work processes and improve productivity.

Workers

Individuals engaged in a job or employment, contributing labor to an organization for wages.

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