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A group of persons filled in a questionnaire their age and the number of countries they had visited in their lifetime.The results are recorded in the table below.
Compute Spearman's rank correlation.Assume that rank ties will have little influence on your result.
Legal Issues
Legal issues refer to matters of law encompassing regulations, statutes, and legal precedents that impact individuals, businesses, and relationships.
Political Issues
Challenges and factors related to government policies, regulations, or political stability that can affect business operations.
Ethical Issues
Moral problems or dilemmas that arise in the context of professional practices or business operations, often requiring careful thought or action.
Price Skimming
A pricing strategy where a seller charges a relatively high price for a product at first, then lowers the price over time.
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