In a Recent Book, Daniel Yergin and Joseph Stanislaw Wrote

question 8

Multiple Choice

In a recent book, Daniel Yergin and Joseph Stanislaw wrote "It is the greatest sale in the history of the world.Governments are getting out of businesses by disposing of what amounts to trillions of dollars of assets.Everything is going from steel plants and phone companies ….to hotels, restaurants, and nightclubs." This is an indication of:

• A)the fact that governments can make more money by selling assets.
• B)privatization is becoming a driving force for global marketing.
• C)these businesses are considered as closed markets.
• D)foreign companies are competing with governments.
• E)there is less demand for these type of companies.

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Definitions:

R Square

A statistical measure of how close the data are to the fitted regression line, reflecting the proportion of the variance in the dependent variable that is predictable from the independent variable(s).

Standard Error

A statistical concept that assesses how accurately a sample distribution reflects a population, utilizing standard deviation for this purpose.

Regression Analysis

A statistical method for modeling the relationship between a dependent variable and one or more independent variables.

Linear Parameters

The coefficients in linear models that represent the relationship between the independent variables and the dependent variable.