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The sample correlation coefficient between X and Y is 0.375.It has been found out that the p- value is 0.256 when testing H0 : = 0 against the two-sided alternative H1 : = 0 .To testH0 : 0 against the one-sided alternative H1 : = 0 at a significance level of 0.1, the p-value is
Natural Monopoly
A market condition where a single supplier is most efficient in producing a good or service due to high initial costs and substantial economies of scale.
Marginal Cost
The augmentation in cumulative costs linked with generating an extra unit of a product or service.
Average Cost
The overall expense of manufacturing split by the quantity of units made.
Rate of Return
The increase or decrease in value of an investment throughout a determined period, shown as a percent of the investment’s initial cost.
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