When Two Variables (X and Y)are Strongly Correlated We Can

question 127

True/False

When two variables (X and Y)are strongly correlated we can be reasonably sure that X causes Y.

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Definitions:

Currency

The system of money in general use in a particular country, represented by coins and paper notes.

Terms

Conditions and stipulations specified in a contract or agreement that outline the rights and responsibilities of involved parties.

Foreign Exchange Rates

The value of one currency for the purpose of conversion to another, determining how much of one currency can be exchanged for another, influenced by market conditions, economic factors, and government policies.

Currency

A system of money in general use in a particular country or region, facilitating trade and economic transactions.