Find the Value of B So That the Points (-1,3)

question 739

Essay

Find the value of b so that the points (-1,3), (1,-1), and (3,b) are collinear.

Differentiate between observational studies and experiments.

Identify and understand the role of confounding variables in research.

Recognize the use and importance of proxy variables in research studies.

Understand the limits of correlation in establishing causation.

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Definitions:

Positive Synergies

The beneficial effects or outcomes that result from the cooperation or merger of two or more entities or processes.

Contracting Efficiencies

Improvements in performance or cost savings achieved through outsourcing or entering into contracts for services.

Agency Costs

Expenses stemming from conflicts of interest between principals (owners) and agents (managers) in a corporation.