if the demand of a good or service is up and supply is down the price will go up but if demand is down and supply is up prices go down
Correlation is used to represent the linear relationship between two variables. On the contrary regression is used to fit the best line and estimate one variable on the basis of another variable, as opposed to regression reflects the impact of the unit change in the independent variable on the dependent variable.
Answer: e. Use the peer review process
Explanation:
Peer review process is viewing an author's work or research to be scrutinize by others in the same field before publishing it on the journal.
Answer:
Foot-in-door technique
Explanation:
The foot-in-door technique is used by many people in society. This technique is meant to when a person does a small request to a person and that person replies in yes, the other person then makes a big request. It is done because people thinking that if you make other people agree at small request then you can make them agree with them at a bigger request.
These techniques are used by the salesperson. Salesperson used this technique so that more people can buy their products. Many people used their knowledge so they could not be persuaded by other people to buy a product that does not need it.
Thus in the above technique, Bart friends used the foot-in-door technique to make Bart agree at bigger requests.
Sometimes, an information users need to be able to make use of <u>informal information</u> such as rumors, unconfirmed reports and stories, when solving problems.
<h3>What is an
informal information?</h3>
This type of information may be indirectly incorporated into an official system as it reflect primarily as adjustments or modifications to formal information. It can be overtly relied upon and incorporated into the formal system.
In essence, these informal information may affect decisions but otherwise never be documented or made known to other
Therefore, an information users need to be able to make use of informal information such as rumors, unconfirmed reports and stories, when solving problems.
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