TABLE 12-2
A candy bar manufacturer is interested in trying to estimate how sales are influenced by the price of their product. To do this, the company randomly chooses six small cities and offers the candy bar at different prices. Using candy bar sales as the dependent variable, the company will conduct a simple linear regression on the data below:
.
-Referring to Table 12-2, what is the standard error of the regression slope estimate, 
?
Definitions:
Unilateral Change
Actions taken by an employer to alter conditions of employment (such as wages, hours, or terms) without consent or negotiation with the labor union.
Labor Market Trends
Observations and predictions concerning the changing dynamics of the workforce and employment opportunities.
Future Staffing Levels
Predictions or estimations of the number of employees that will be needed in the future to effectively run an organization or business.
Employee Seniority
The length of time an individual has been employed at a particular company or organization, often influencing job security, promotion priority, and other benefits.
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