As Access to Technology Rises and Barriers to Trade Fall

question 6

True/False

As access to technology rises and barriers to trade fall, individual economies around the world have become more independent than ever before.

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Definitions:

Degrees of Freedom

The number of independent values or quantities that can be arbitrarily assigned in a statistical calculation, often reflecting the number of values that are free to vary.

Independent Variable

In statistical analysis, a variable presumed to cause or influence the dependent variable without itself being affected by any other variables of interest.

ANOVA

Analysis of Variance, a statistical method used to compare the means of three or more samples to determine if at least one of the sample means significantly differs from the others.

SST

Total Sum of Squares, a measure used in statistical analysis to quantify the variation within a set of observations.