Asked by Kylann Tourtillott on May 16, 2024
Verified
A stochastic relationship is a relationship between any two variables, Y and X, such that many possible values of Y can be associated with any one value of X.
Variables
Elements, features, or factors that are likely to vary or change and can be measured, controlled, or manipulated in research.
- Recognize the implications of a stochastic relationship between variables.
Verified Answer
TS
Tennille SillerMay 18, 2024
Final Answer :
True
Explanation :
A stochastic relationship is also known as a probabilistic or statistical relationship, and it means that there is no fixed or deterministic equation that can perfectly predict the value of Y for a given value of X. Instead, Y is influenced by various random factors or uncertainties, leading to a range of possible outcomes.
Learning Objectives
- Recognize the implications of a stochastic relationship between variables.
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