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i. The basic question in testing the significance of rho is to see if there is zero correlation in the population from which the sample was selected. ii. A z test is used to test the significance of the coefficient of correlation.
iii. Perfect correlation means that the scatter diagram will appear as a straight line.
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Alternative Dispute Resolution
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A form of alternative dispute resolution where a neutral third party helps conflicting parties to reach a mutually satisfactory agreement.
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