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If the R-square for a multiple regression model with two independent variables is .64, the correlation between the two independent variables will be .80
Industrial Market Economies
Economies characterized by sectors that primarily focus on manufacturing and industrial activities, as opposed to agricultural or service sectors, generally involving a significant use of technological and capital investment.
Sub-Saharan African
Refers to the geographic region of the African continent that lies south of the Sahara Desert, characterized by diverse cultures, languages, and economies.
Stages of Development
A theoretical framework describing the progression through which societies, economies, or industries evolve over time.
Per Capita Income
A measure of the average income earned per person in a given area or country, calculated by dividing the area's total income by its population.
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