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In a multiple regression model, the variance of the error term ε is assumed to be
Social Order
The structured pattern of social relationships and rules that guide and constrain human behavior in a society, facilitating coexistence and cooperation among its members.
Foucault
Michel Foucault was a French philosopher, historian of ideas, social theorist, and literary critic, known for his influence on various fields such as sociology, critical theory, and cultural studies, particularly for his theories on power, knowledge, and discourse.
Global Economy
The worldwide interconnection of national economies through trade, investment, and capital flow.
World System Theory
A socio-economic theory which posits that the world is divided into core, semi-periphery, and periphery countries that are connected through economic and political relationships.
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