Suppose That Two Variables Are Found to Be Significantly Correlated

question 12

Multiple Choice

Suppose that two variables are found to be significantly correlated. A researcher may

• A) remove one variable from the data set
• B) replace the two variables by their product
• C) replace the two variables by their squared difference
• D) remove both variables from the data set

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Definitions:

Government

The system or group of people governing an organized community, often a state.

Farmers

Individuals or entities engaged in the practice of agriculture, cultivating plants and raising livestock for food, fiber, and other products.

Total Amount

The entire quantity or sum of an item, measurement, or value, not excluding any part.

Purely Competitive Market

A market characterized by many buyers and sellers, homogeneous products, free entry and exit, and perfect information, leading to price determination by market forces.