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An economist conducted a study of the possible association between weekly income and weekly grocery expenditures. The particular interest was whether higher income would cause shoppers to spend more on groceries. A random sample of shoppers at a local supermarket was obtained. A questionnaire was administered asking about the weekly income of each shopper's family and their grocery bill for that week. The gender of each shopper was also obtained. The data below are expenditures and income for 10 selected survey participants. The correlation for these data is given by:
Advocacy Marketing
A marketing strategy focused on leveraging the voices of satisfied customers, employees, or partners to advocate on behalf of a brand or product.
Brand Protection
Strategies and actions taken by a company to prevent the unauthorized use of its intellectual property or to fend off reputation damage.
Influencer Marketing
A marketing strategy that involves partnering with influential people in a particular niche to promote products, services, or brands to their audience.
Internships
A period of work experience offered by an organization for a limited period of time to gain practical experience.
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