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Progressive Marketers Incorporated Has Found a Strong Relationship Between the Number

Question 57

True/False

Progressive Marketers Incorporated has found a strong relationship between the number of automobile accidents in the quarter just ended and its sales level for the upcoming quarter.Their marketing researcher has, however, warned that the relationship is spurious and can be explained by an intervening variable.Under the circumstances, automobile accident data are of no use to the management in planning their strategy for the upcoming quarter.

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