Discuss the Objectives of the United States in Launching the Marshall

question 21

Essay

Discuss the objectives of the United States in launching the Marshall Plan, and assess the extent to which those objectives were achieved.

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Definitions:

Standard Deviation

A statistical measure of the dispersion or variability within a data set, indicating how spread out the numbers are from the mean.

Statistically Significant

This term implies that the likelihood of the results happening by random chance is very low, underlining the importance of the findings.

Mean

In statistics, the arithmetic average of a set of numbers, calculated by adding all the values together and then dividing by the number of values.

P Value

A statistical measure that indicates the probability of the observed data occurring under the null hypothesis, used in hypothesis testing to determine significance.