Exhibit 16-1.The following Excel scatterplot with the fitted quadratic regression equation illustrates the observed relationship between productivity and the number of hired workers. 
Refer to Exhibit 16.1.The quadratic regression equation found is:
Definitions:
Social Insurance
Government-provided insurance, typically funded through taxation, that covers individuals against economic risks (e.g., unemployment, disability).
Poverty Rate
The percentage of a population living below the national poverty line, reflecting the proportion of society facing economic hardship.
In-Kind Transfers
Non-cash benefits provided to individuals, often in the form of goods or services, such as food stamps or housing assistance.
Poverty Rate
The proportion of the population living below the poverty line, indicating the level of economic hardship in a society.
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