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i. Multiple regression is used when two or more independent variables are used to predict a value of a single dependent variable. ii. The values of b1, b2, and b3 in a multiple regression equation are called the net regression coefficients. They indicate the change in the predicted value for a unit change in one X when the other X variables are held constant.
iii. Multiple regression analysis examines the relationship of several dependent variables on the independent variable.
Assembly Lines
A manufacturing process in which parts are added to a product in a sequential manner to create a finished product efficiently.
Quality
The degree of excellence of something, often measured against a standard.
Total Quality Management
A management approach focused on continuous improvement and customer satisfaction by integrating all organizational functions.
Core Value
Fundamental beliefs or principles that are central to an organization's identity and guide its practices.
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