FTC Established the Do Not Call Registry in 2003 for Consumers

question 54

Multiple Choice

FTC established the Do Not Call Registry in 2003 for consumers who do not want to receive unsolicited telemarketing calls.Today,a telemarketer can be fined up to __________ for each call made to a telephone number posted on the registry.

• A) $500
• B) $750
• C) $1,250
• D) $8,750
• E) $16,000

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Definitions:

Error SSE

The sum of squared errors (SSE) is a measure used in statistics to quantify the discrepancy between the data and an estimation model.

Coefficient of Determination

A statistical measure that expresses the proportion of variance in the dependent variable that can be predicted from the independent variable(s).

Standard Error

A measure of the dispersion or variance of sample means around the population mean.

Regression Line

A regression line is a straight line that best fits the data points in a scatter plot, showing the relationship between an independent and a dependent variable.