Meet Florine Mark As President and Chairman of the Board of The WW Group, Inc., Florine Mark uses her influence, energy and resources to improve the lives of others. read more > eTools
This is termed non-spuriousness, which simply means ânot false.â A spurious or false relationship exists when what appears to be an association between the two variables is actually caused by a third extraneous variable.
Characteristics of Public Goods. Almost all public goods are considered to be nonrivalrous and nonexcludable goods. Nonrivalry denotes any product or service that does not reduce in availability as people consume it. Nonexcludability refers to any product or service that is impossible to provide without it being available for many people to enjoy.