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Exhibit 12-7
You are given the following information about y and x.
5 4
7 6
9 2
11 4
-Refer to Exhibit 12-7. The least squares estimate of b? slope) equals
Strike Replacements
Workers hired by an employer to perform the duties of striking employees during a labor dispute, often to maintain operations.
Secondary Boycott
A form of protest where individuals or entities refuse to do business with or purchase products from a company that does business with a targeted entity, usually to exert pressure.
Railway Labor Act
A US federal law passed in 1926 that governs labor relations in the rail and airline industries, aiming to prevent strikes and disruptions by facilitating bargaining and mediation.
Mediation
A form of dispute resolution where a neutral third party assists the conflicting parties to reach a mutually acceptable agreement.
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