0 will the error in prediction be when the absolute value of the correlation coefficient is 1.
The precise metric used in a correlation analysis to quantify the strength of the linear relationship between two variables is the correlation coefficient. In a correlation report, r stands for the coefficient.
In statistics, correlation coefficients are frequently utilized in the field of investing. They are crucial in fields including performance assessment, quantitative trading, and portfolio composition. The correlation coefficient's numerical component expresses how strong the link is. The variables are more firmly associated and the more predictable changes in one variable will be as the other variable changes the closer the number is to one, whether it is negative or positive.
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Answer:
The answer is the formal operational stage.
Explanation:
During this stage, the fourth and last according to Piaget's structure of cognitive development, people begin to think logically. Another key feature is the development of abstract thought, which also involves creativity.
In the example, the child has developed the ability to imagine a world that's radically different from the real one; thinking about hypothetical situations are characteristic of the formal operational stage.
Creator of the Assembly line —> Henry Ford
First Major Mail-Order catalog —> Tiffany and Company
Major seller of mail-order homes —> Sears
First mail order catalog seen in the U.S —> Montgomery Ward
President of General Motors —> Alfred Sloan
First mass produced vehicle in the U.S —> Model T
Answer:
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