The Correlation Coefficient R Always Has the Same Sign as B₁

question 74

True/False

The correlation coefficient r always has the same sign as b₁ in Y = b₀ + b₁X.

Understand the basic requirements and components of a valid e-contract.

Identify the elements that make an offer effective or not.

Recognize the implications of unauthorized methods of acceptance on the validity of an offer.

Understand the concept of counteroffer and its impact on the original offer and offeror.

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Definitions:

Folkways

Norms for routine or casual interaction that guide everyday behavior in society, without serious moral significance.

Norms

Socially accepted rules or standards that govern the behavior expected in a particular social group or culture.

Compliance

Compliance refers to the act of conforming to a request, demand, or regulation, often influenced by social pressure or authority.

Obedience

The act of following commands or instructions from an authority figure, even sometimes against one's own judgment.