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For observational data such as global temperature, stock market prices, un- employment, the most persuasive scientific evidence that one variable causes a change in another is

(a) A model derived from accepted theory that demonstrates that a change in one variable causes a change in another.

(b) A regression that finds a significant relationship between the two variable.

(c) Plots of the two variables showing that they move together in the same proportion over time.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91920056

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