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_____ Is the Act of Altering Private Costs and Benefits

question 10

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_____ is the act of altering private costs and benefits to account fully for external effects.


Definitions:

Variation

The measure of the spread of data points in a data set from each other and from their mean value.

Developing

In statistics or data analysis, it typically refers to the process of constructing models, hypotheses, or understanding patterns within data sets.

Dependent Variable

The outcome variable in an experiment or study that is being tested and measured, believed to be affected by the independent variable(s).

Regression Model

A statistical approach for estimating the relationships among variables, often one dependent variable and one or more independent variables.

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