At the Stock and Watson (Http://www

question 5

Essay

At the Stock and Watson (http://www.pearsonhighered.com/stock_watson)website go to Student Resources and select the option "Datasets for Replicating Empirical Results." Then select the "Test Score data set used in Chapters 4-9" (caschool.xls)and open the Excel data set. Next produce a scatterplot of the average reading score (horizontal axis)and the average mathematics score (vertical axis). What does the scatterplot suggest? Calculate the correlation coefficient between the two series and give an interpretation.

Differentiate between ethical and legal issues in a business context.

Comprehend the concept of social responsibility and its impact on society.

Recognize the types and consequences of unethical behavior in business.

Identify the role of legislation in promoting ethical business practices.

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Definitions:

Unbiased Processing

The objective evaluation and interpretation of information, without being influenced by personal prejudices or emotions.

Self-Efficacy

The belief in one’s capabilities to organize and execute the courses of action required to manage prospective situations.

Self-Regulation

The ability to manage one's thoughts, emotions, and behaviors in pursuit of long-term goals.

Vulnerable Narcissism

A form of narcissism characterized by sensitivity to criticism, insecurity, and an internal sense of grandiosity and entitlement.