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The price of good A rises,and the demand curve for good B shifts leftward.We can conclude that
Linear Relationship
A type of association where the change in one variable is directly proportional to the change in another variable.
Significance Level
The likelihood of incorrectly dismissing the null hypothesis in a statistical analysis, commonly represented by alpha, when it in fact holds true.
Regression Line
A straight line in a scatter plot that best fits the data points and shows the relationship between two variables in linear regression analysis.
P-value
The probability of achieving outcomes in a test that are equally or more extreme than the actual observed ones, given the null hypothesis is assumed to be correct.
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