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You work for the American Red Cross as a Health Economics consultant in the Boston area. You are told to guess the correlation between snow damage to houses during the winter storms last year and the median price of the house.

(a) Develop and explain a hypothesis for why the correlation would be positive.

(b) Develop and explain a hypothesis for why the correlation would be negative.

1. Describe the difference between correlation and causation in a few sentences.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91707942

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