Exhibit 14-2
You are given the following information about y and x. 
-Refer to Exhibit 14-2. The least squares estimate of b0 (intercept) equals
Definitions:
Buyer-Seller Relationship
The interaction and ongoing connections between a buyer and a seller, often focusing on long-term engagement rather than one-time transactions.
Market Planning
It involves a comprehensive strategy for marketing products and services which includes setting objectives, analyzing the market, and implementing tactics to reach business goals.
Tactical Planning
Short-term, specific planning that supports strategic planning by focusing on current operations and immediate actions.
Competitive Intelligence
Competitive intelligence involves gathering and analyzing information about competitors' activities, strategies, and strengths, to inform business decision-making.
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