Exhibit 14-6
You Are Given the Following Information About Y $\alpha$

question 64

Essay

Exhibit 14-6
You are given the following information about y and x.
-A company has recorded data on the daily demand for its product (y in thousands of units) and the unit price (x in hundreds of dollars). A sample of 15 days demand and associated prices resulted in the following data.
a.Using the above information, develop the least-squares estimated regression line and write the equation.
b.Compute the coefficient of determination.
c.Perform an F test and determine whether or not there is a significant relationship between demand and unit price. Let $\alpha$ = 0.05.
d.Would the demand ever reach zero? If yes, at what price would the demand be zero?

Explain the role of normative and informational social influence in shaping behavior.

Understand the mechanisms of resistance to social pressure, including asserting personal control and reacting against social norms.

Understand the concepts and different types of organizational commitment.

Identify the factors that influence organizational commitment.

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Definitions:

Encroachment

The act of gradually and illegally taking over or intruding on the rights, property, or territory of another, often leading to disputes.

People's Rights

The fundamental rights and freedoms that individuals are entitled to, typically protected by law, including freedom of speech, right to privacy, and right to equal treatment.

Ethnic Diversity

refers to the inclusion and representation of multiple ethnic groups and cultures within a society or organization.

British North America

The territories under British control in North America before achieving independence, including the original thirteen colonies.