Correlation Means

question 345

Multiple Choice

Correlation means

• A) holding everything else constant.
• B) after this, therefore because of this.
• C) the values of two variables move in a predictable and related way.
• D) making statements about how the world should be.
• E) the same as causation.

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Definitions:

Breach

The violation or non-fulfilment of a legal obligation, contract, or duty.

Fiduciary Duty

The responsibility to act in the best interests of another party, such as in financial matters or care, characterized by trust, reliance, and a duty of care.

Commission

A fee paid to an agent or employee for facilitating a sale or for performing a service.

Profit

The financial gain obtained when the revenues earned from business activities exceed the expenses, taxes, and costs associated with sustaining the activity.