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a.If the correlation coefficient between two random variables equals zero,does that imply that there is no relationship between those random variables?
b.If the correlation coefficient between two random variables is close to one in absolute value,does that imply that one random variable causes another random variable?
Decision Making
The process of choosing among alternative options or actions to solve a problem or achieve a goal.
Branding
The process of creating a unique name, symbol, or design that identifies and differentiates a product or company from its competitors.
Sequential Process
A progressive series of steps or stages in which each is dependent on the preceding one and often leads to a final result or outcome.
Brand Awareness
How well consumers know and perceive the attributes or branding of a distinct type of goods or services.
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