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Exhibit 12-3
Regression analysis was applied between sales data (in $1,000s) and advertising data (in $100s) and the following information was obtained.
-Refer to Exhibit 12-3. The critical F value at 0.05 is
Unemployment Spells
Periods of time during which an individual is searching for employment but is unable to find work.
Frictional Unemployment
Temporary unemployment existing in a job market due to time taken by workers to move between jobs, including new or re-entering workers.
Structural Unemployment
Unemployment arising from a persistent mismatch between the skills of workers and the requirements of jobs, often exacerbated by technology or market changes.
Frictional Unemployment
Temporary unemployment experienced by individuals transitioning between jobs, seasons, or moving to new locations.
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