Sociocultural Differences,such as Variations in Spoken Language and Body Language,have

question 71

True/False

Sociocultural differences,such as variations in spoken language and body language,have no impact on international business.

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Definitions:

Dummy Variables

Variables created to assign numerical values to categorical data, often used in regression analysis to include qualitative factors as independent variables.

Qualitative Variables

Variables that categorize or describe attribute characteristics without a natural numerical order or ranking.

Regression Model

A mathematical model that describes the relationship between a dependent variable and one or more independent variables.

Multiple Regression

A statistical technique used to model and analyze the relationship between a dependent variable and two or more independent variables.