If Two Variables to Be Included in an Index Are

question 57

True/False

If two variables to be included in an index are perfectly correlated,they should both be dropped

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Definitions:

Environmental Damage

The detrimental impact human activities have on the natural world, including air and water pollution, deforestation, and climate change.

Shared Value

The policies and operating practices that enhance the competitiveness of a company while simultaneously advancing the economic and social conditions in the communities in which it operates.

Competitiveness

The ability of a company or country to produce goods or services that meet the quality standards of the global market at competitive prices.

Economic Conditions

The current state of the economy, including factors such as inflation, unemployment, and economic growth.