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Which of the Following Measures Is Not Used as a Measure

question 42

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Which of the following measures is not used as a measure of association for nominal,nonparametric variables?


Definitions:

Rational Criterion

A standard or principle for making decisions based on logical and coherent reasoning, aimed at achieving the best possible outcome.

Process of Entry

refers to the steps or actions that need to be taken for a new competitor to enter into an existing market.

Price

The financial expectation, obligation, or contribution made as payment for something.

Rational Criterion

A principle or standard used in decision-making processes that is based on logic, reason, and the anticipation of outcomes to achieve the most beneficial result.

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