One of the Most Important Reasons Given for Japan's Postwar

question 9

Multiple Choice

One of the most important reasons given for Japan's postwar success is

• A) the high degree of Japanese savings.
• B) governmental support for business enterprises.
• C) the Japanese work ethic.
• D) help from the International Monetary Fund.
• E) an excellent school system.

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Definitions:

Dummy Coding

A statistical technique used in regression analysis where categorical variables are converted into a series of binary variables.

Categorical Variables

Variables that represent types or categories and are typically qualitative in nature.

Predictor Variable

A variable that is used in statistical models to forecast or predict the outcome of a dependent variable.

Regression Formula

An equation that describes the statistical relationship between one or more predictor variables and the response variable.