In Your Opinion What Is the Most Important Phase of the Policy

question 13

Essay

In your opinion what is the most important phase of the policy process? Why?

---

Definitions:

Y

Often used to represent a dependent variable in mathematical equations and models.

Random Variables

Variables whose possible values are numerical outcomes of a random phenomenon.

E(X)

The expected value of the random variable X, representing the mean or average value that X takes on.

E(Y)

The expected value of the random variable Y, representing the mean or average outcome of a set of possible values weighted by their probabilities.