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The term multicollinearity refers to the condition when the variance of the error term, conditional on x1, x2, …, xn, is the same for all observations.
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Mechanistic Design
A structured organizational design that emphasizes hierarchical, centralized decision-making, and a clear, rigid division of labor.
Environmental Changes
Alterations to the physical or biological components of the ecosystem, often resulting from human activities or natural processes.
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Emerging technological innovations that have the potential to significantly alter current practices or create new industries.
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