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Can a Scatter Diagram Be Used to Explore the Relationship

question 145

Essay

Can a scatter diagram be used to explore the relationship between two nominal variables? Explain why or why not.


Definitions:

Test And Learn

A method that involves experimenting with ideas to gather data and insights for making informed decisions.

Experimentation

The process of conducting trials to test hypotheses, explore new ideas, or validate the effects of changes.

Established Companies

Firms that have been in business for a significant period and have developed a stable, profitable business model.

MVP

Stands for Minimum Viable Product, which is the version of a new product that allows a team to collect the maximum amount of validated learnings about customers with the least effort.

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