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Rosie Placed an Advertisement in a Newspaper That Said: "Five

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Essay

Rosie placed an advertisement in a newspaper that said: "Five purebred Siamese kittens for sale.$200 each.First come/first served.Respond in person or by email to Rosie@netmail.com." Gig saw the advertisement and immediately sent an email message that said, "I will pay $1000 for the five kittens." However, when Gig arrived at Rosie's door with the cash in hand, she refused to hand over the kittens.She explained that while Gig's message was the only reply that she had received in response to her advertisement, she had changed her mind and had decided to keep the kittens for herself.Provide an argument on behalf of Gig that would support the creation of a contract with Rosie.


Definitions:

SSE

Sum of Squared Errors, a measure used in statistical data analysis to represent the discrepancy between the data and an estimation model.

Coefficient

A numerical or constant quantity placed before and multiplying the variable in an algebraic expression (e.g., the 4 in 4x).

Television Advertisement

A form of marketing communication broadcasted to promote or sell a product, service, or idea through television.

SSR

Sum of Squares due to Regression, an indicator of the explanatory power of the independent variables in a regression model.

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