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If Managers Want to Use the Most Accurate Form of Communication,they

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If managers want to use the most accurate form of communication,they should use the grapevine.


Definitions:

Estimated Income

An estimate of the revenue anticipated to be generated during a certain timeframe.

Yearly Income

The total pre-tax earnings received by an individual or household over the course of one year from all sources combined.

SST

Total Sum of Squares, a measure used in statistics to quantify the variance in a dataset.

SSE

Sum of Squares due to Error, a measure of the discrepancy between the data and an estimation model, reflecting the unexplained variance within the model.

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