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

question 13

Essay

Exhibit 14-6
You are given the following information about y and x.
-Assume you have noted the following prices for books and the number of pages that each book contains.
a.Develop a least-squares estimated regression line.
b.Compute the coefficient of determination and explain its meaning.
c.Compute the correlation coefficient between the price and the number of pages. Test to see if x and y are related. Use $\alpha$ = 0.10.

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Definitions:

Functional Strategy

A strategy developed and implemented by an organizational unit (like Marketing or HR) to support the overall corporate strategy.

Competitive Strategy

The plan that a company follows to differentiate itself from competitors, aiming to achieve a competitive advantage.

Corporate Strategy

The overall plan and direction of a company, focusing on achieving long-term objectives and competitive advantage.

Functional Strategy

A specific, focused plan aimed at achieving objectives and improving performance within a particular department or function of an organization.