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Exhibit 13-6
Below You Are Given a Partial Computer Output

question 12

Multiple Choice

Exhibit 13-6
Below you are given a partial computer output based on a sample of 16 observations.
 Coefficient  Standard Error  Intercept 12.9244.425X13.6822.63.X245.21612.560\begin{array}{lcc} & \text { Coefficient } & \text { Standard Error } \\\text { Intercept } & 12.924&4.425\\\mathrm{X}_{1} & -3.682&2.63. \\\mathrm{X}_{2} &45.216&12.560\\\end{array}
 Analysis of Variance \text { Analysis of Variance }

 Source of  Degrees  Sum of  Mean  Variation  of Freedom  Squares  Square F Regression 4,8532,426.5Error 485.3\begin{array}{lccc}\text { Source of } & \text { Degrees } &\text { Sum of } &\text { Mean }\\\text { Variation } & \text { of Freedom }&\text { Squares } & \text { Square }&F\\\text { Regression }&&4,853&2,426.5\\\text {Error }&&&485.3\end{array}
-Refer to Exhibit 13-6. The interpretation of the coefficient of X1 is that


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Single-Price

A pricing strategy where a product or service is sold at one fixed price to all customers.

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A membership-based retail store offering a wide variety of merchandise, often in bulk, at discounted prices.

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A card issued to members granting them access to benefits and services for a year, often used by clubs, organizations, or businesses to foster customer loyalty.

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