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Game Show Winnings & Education
An ardent fan of television game shows has observed that,in general,the more educated the contestant,the less money he or she wins.To test her belief she gathers data about the last eight winners of her favorite game show.She records their winnings in dollars and the number of years of education.The results are as follows.
-{Game Show Winnings & Education Narrative} Determine the standard error of estimate and describe what this statistic tells you about the regression line.
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Market research is the process of gathering, analyzing, and interpreting information about a market, including info about the target market, competitors, and customers, to inform business decisions.
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