How Many Households Receive Their Incomes Mainly from the Business

question 78

Multiple Choice

How many households receive their incomes mainly from the business sector?

• A)300 million
• B)117 million
• C)50 million
• D)39 million

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Definitions:

Indicator Variables

Variables, often used in statistical models, that take on a value of 0 or 1 to indicate the absence or presence of a categorical effect that may impact the result.

Validity

The degree to which an indicator accurately measures or reflects a concept.

Reliability

The likelihood that a particular measure would produce the same results if the measure were repeated.

Indicator Variable

A variable in statistical modeling that assigns a value of 0 or 1 to indicate the non-presence or presence of a specific condition or attribute.