The Degree to Which Changes in One Variable Are Associated

question 11

Multiple Choice

The degree to which changes in one variable are associated with changes in another variable.

• A) cluster analysis
• B) regression analysis
• C) correlation analysis
• D) conjoint analysis
• E) factor analysis

---

Definitions:

Law of Agency

A legal doctrine concerning the relationship where one party, the agent, is authorized to act on behalf of another, the principal, in transactions with third parties.

Mental Capacity

An individual's cognitive ability to understand, make, and communicate informed decisions regarding personal or legal matters.

Duty of Loyalty

A legal and ethical obligation requiring individuals, particularly directors and officers of a corporation, to act in the best interests of the corporation and its shareholders.

Nature of Agency

Refers to the relationship established when one party, the agent, is authorized to act on behalf of another, the principal, in dealing with third parties.