SCENARIO 12-3
the Director of Cooperative Education at a State $\begin{array} {ccc}\text { Student } & \text { Coop Jobs } & \text {Job Offer }\\ 1 & 1 & 4 \\ 2 & 2 & 6 \\ 3 & 1 & 3 \\ 4 & 0 & 1 \end{array}$

question 121

Short Answer

SCENARIO 12-3
The director of cooperative education at a state college wants to examine the effect of cooperative education job experience on marketability in the work place.She takes a random sample of 4 students.For these 4, she finds out how many times each had a cooperative education job and how many job offers they received upon graduation.These data are presented in the table below. $\begin{array} {ccc}\text { Student } & \text { Coop Jobs } & \text {Job Offer }\\ 1 & 1 & 4 \\ 2 & 2 & 6 \\ 3 & 1 & 3 \\ 4 & 0 & 1 \end{array}$
-Referring to Scenario 12-3, the error or residual sum of squares (SSE) is .

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Definitions:

Proportionate Price

A price or value that has been adjusted based on a certain proportion or percentage of a whole.

Overhead Costs

The indirect expenses related to the operation of a business, such as rent, utilities, and administrative salaries, that are not directly tied to a specific product or service.

Pharmaceutical Distribution

The process of getting pharmaceutical products from the manufacturer to pharmacies, hospitals, and other end-points where they will be sold or dispensed.

IT Staff

Employees or team members responsible for managing and maintaining information technology and computer systems within an organization.