When Two Variables Are Statistically Related,a Cause-And-Effect Relationship Always Exists

question 54

True/False

When two variables are statistically related,a cause-and-effect relationship always exists.

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Definitions:

Percentage Calculation

The mathematical process of finding a portion of a number, represented as a fraction of 100.

Biweekly Pay

A payroll schedule where employees receive their wages every two weeks, totaling 26 payments per year.

Gross Earnings

Definition: The total amount of money earned by an individual or entity before any deductions are made.

Commission Rate

The percentage of a sale price paid to the salesperson or agent responsible for facilitating the transaction.