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During the 1980s, What Was a Major Reason for the Increase

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During the 1980s, what was a major reason for the increase in the poverty rate in America?


Definitions:

Dummy Variable

A numeric variable used in regression models to represent categories of a qualitative variable with a series of zeros and ones.

Quantitative Variable

A quantitative variable is a type of variable that can be measured quantitatively and expresses a certain quantity, amount, or range.

Slope Coefficient

It is a number that measures the degree of relationship between a dependent variable and an independent variable in a regression model.

Stepwise Procedure

A method of adding or removing variables incrementally in regression analysis based on certain criteria, such as the statistical significance of the variables.

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