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With a Very Large Sample, Even a Very Small Correlation

question 3

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With a very large sample, even a very small correlation can be statistically significant.


Definitions:

Krispy Kreme

An American doughnut company and coffeehouse chain known for its signature glazed doughnuts.

Incompetent

Lacking the necessary skills, knowledge, or ability to do something successfully or as expected.

Funding

The act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or government.

Competitors' Products

Goods or services offered by rival businesses in the same industry, which vie for the same customer base or market share.

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