The ________ Is Used as a Measure of the Strength

question 89

Multiple Choice

The ________ is used as a measure of the strength of association in the special case of a table with two rows and two columns (a 2 × 2 table) .

• A)contingency coefficient
• B)Cramer's V
• C)phi coefficient
• D)chi-square coefficient

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Definitions:

Depression

a severe and prolonged downturn in economic activity, characterized by significant fall in spending and high unemployment.

Unemployment Rate

The level of unemployment within the labor force characterized by active job search efforts.

Inflation

The rate at which the average cost of goods and services ascends, leading to a decrease in monetary value over time.

Creditors

Individuals or institutions that lend money or extend credit to others, expecting repayment in the future with interest.