Convert the Matrix of Observations to Mean-Deviation Form, and Construct $$\mathrm { S } = \left[ \begin{array} { r c } 60 & - 55 \\- 55 & 280\end{array} \right]$$

question 14

Multiple Choice

Convert the matrix of observations to mean-deviation form, and construct the sample covariance matrix.
- $$\mathrm { S } = \left[ \begin{array} { r c } 60 & - 55 \\- 55 & 280\end{array} \right]$$

• A) \(89.7 \%\)
• B) \(82.4 \%\)
• C) \(86.2 \%\)
• D) \(13.8 \%\)

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Definitions:

Unionized Facility

A workplace where a labor union represents the interests of the employees and engages in collective bargaining with management for contracts covering wages, benefits, and working conditions.

Union Representation

The act of a union serving as the official body that negotiates and interacts with employers on behalf of its members.

National Labor Relations Act

A foundational US law enacted in 1935 that protects the rights of employees to organize, bargain collectively, and engage in other union activities.

Contract Clause

A specific provision or section within a contract that stipulates the obligations, rights, and responsibilities of the parties involved.