Explanation:
A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits. There are several types of partnership arrangements. In particular, in a partnership business, all partners share liabilities and profits equally, while in others, partners have limited liability
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The answer to this question is 90%.
As it turned out, this really correlates to how the children will be right-handed or left-handed.
The research shows that about 70% of children that suck left thumb will be most likely to grow into left-handed individuals and vice versa.
Answer: He did not identify a spurious relationship.
A spurious relationship is one where two variables are not causally connected to each other, but may be inferred that they are because of their simultaneous appearance and a similar behaviour. These two variables are only linked with each other by coincidence, or through a third variable.
In this case, the mayor assumes that the implementation of the new regulations caused the crime rate to go down, when in fact there is a third variable (weather) that was the true cause.
In other words, the mayor equated correlation with causation. This is a common mistake in economics due to the inability of economists to perform experiments, having to rely solely on statistical analysis. In order to be aware of this mistake, it is good to remember the motto "<u>correlation is not causation</u>."
The answer is faster, smaller
