Examlex
Which feature of a customs union differentiates it from a free trade area?
Numerical Measure
A quantitative representation of attributes or characteristics in the form of numbers or statistical values.
Correlation Coefficient
A statistical measure that calculates the strength and direction of a linear relationship between two variables on a scatterplot, ranging from -1 to +1.
Direction of the Relationship
Refers to the causal orientation between variables in research, indicating whether one variable influences or is influenced by another.
Correlation Coefficient
A statistical measure that indicates the extent to which two or more variables fluctuate together.
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