Find the weighted least squares line for the data set
, with the inner three points weighted four times as much as the outer two points.
Definitions:
Labor Force
The sum of individuals in the workforce, comprising both those who are employed and those who are actively looking for work.
State and Local Levels
Refers to the governance and administrative structures that operate below the national level, including state, provincial, or regional governments and local municipalities.
General Sales Tax
A broad-based tax imposed on the sale of goods and services, typically collected by the retailer and passed on to the government.
Incidence
The measure of the distribution of tax or subsidy burden amongst individuals or groups in an economy.
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