Critics of Labour Unions Argue That Unions Are No Longer

question 61

Multiple Choice

Critics of labour unions argue that unions are no longer needed to protect workers from abusive and unfair treatment because:

• A)the widespread use of strikes have given most workers control over their workplace.
• B)supply and demand conditions in labour markets now favour labour rather than management.
• C)laws and modern management attitudes minimize the possibility of unsafe working conditions and unfair treatment of workers found in earlier eras.
• D)most of the firms that treated workers poorly have moved their operations to foreign countries.

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Definitions:

Error Variable

A variable in statistical or mathematical models that represents the difference between observed and predicted values, often due to randomness or unexplained variation.

Outliers

Outliers are data points that deviate significantly from the rest of the data, potentially indicating variability in the measurement or experimental errors.

Regression Line

A straight line that best fits the data points on a scatter plot, showing the relationship between two variables.

Standardized Residual

The difference between the observed and predicted values, divided by the standard deviation of the residuals.