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In regression analysis,the total variation in the dependent variable Y,measured by
and referred to as SST,can be decomposed into two parts: the explained variation,measured by SSR,and the unexplained variation,measured by SSE.
Membership Dues
Fees paid by individuals to belong to an organization, club, or group, which often fund operations and member activities.
Nonunion Labor
Workers who are not members of a labor union and therefore do not receive the benefits or protections offered by union representation.
Strike Threat
An indication or warning from employees or a labor union that they are considering a strike to press for better working conditions, pay, or benefits.
Elastic Demand
Describes a situation where the quantity demanded of a good or service significantly changes in response to changes in its price.
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