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Explain How a "Green Tax" Reduces Pollution

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Explain how a "green tax" reduces pollution.


Definitions:

Qualitative Variable

A variable that represents types or categories rather than numerical values.

Multiple Regression

An analytical approach that employs a number of independent variables to determine the outcome of a target variable.

Education Status

A classification representing the highest level of education an individual has completed.

Stepwise Regression

A statistical method of building a regression model by successively adding or removing variables based solely on the t-statistics of their estimated coefficients.

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