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Exhibit 16.6.Thirty employed single individuals were randomly selected to examine the relationship between their age (Age)and their credit card debt (Debt)expressed as a percentage of their annual income.Three polynomial models were applied and the following table summarizes Excel's regression results. Refer to Exhibit 16.6.What is the predicted percentage debt of a 45 year old employed single person determined by the model with the best fit?
Hostile Takeover
An acquisition attempt by a company or individual despite resistance or opposition from the target company's management.
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