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    Exam 16: Fundamentals of Data Analysis
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    In Data on Inventory Costs and the Number of Orders
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In Data on Inventory Costs and the Number of Orders

Question 14

Question 14

True/False

In data on inventory costs and the number of orders placed in the preceding year, it was found that the value of the correlation coefficient r was close to zero.It can, therefore, be conclusively stated that these two variables are unrelated.

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