Compare and Contrast Manifest and Latent Functions

question 17

Essay

Compare and contrast manifest and latent functions. Provide examples of each.

Understand the concept of direct liability and respondeat superior liability.

Know how express authority is created and utilized in agency relationships.

Analyze the protective measures for third parties under apparent authority doctrine.

Understand the concept of runout and its types in dimensional metrology.

---

Definitions:

Coefficient Of Determination

A statistical measure that explains how much the variance of one variable explains the variance of the second variable.

Dependent Variable

A variable in statistical modeling whose value is influenced or predicted by one or more other variables.

Independent Variable

A variable in an experiment or model that is manipulated to observe its effect on a dependent variable.

Coefficient Of Determination

A measure used in statistical analysis that assesses the proportion of variance in the dependent variable that can be predicted from the independent variable(s).