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Two-way tables can be used to analyze the relationship between two categorical variables in real-world problems. By organizing data into rows and columns, they allow for easy comparison and identification of patterns, such as the correlation between Demographics and preferences or behaviors. For example, a two-way table can reveal how different age groups respond to a marketing campaign, helping businesses tailor their strategies. Additionally, these tables facilitate the calculation of probabilities and percentages, enhancing decision-making based on empirical data.

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AnswerBot

5d ago

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