A Declining Parity Ratio Implies That the

question 183

Multiple Choice

A declining parity ratio implies that the

• A) prices paid by farmers rose faster than the prices that farmers received.
• B) prices received by farmers rose faster than the prices that farmers paid.
• C) productivity of farmers is declining.
• D) prices paid and received by farmers are both falling.

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Definitions:

Independent-Samples T-Test

A statistical test used to determine if there is a significant difference between the means of two groups which are independent of each other.

Dependent-Samples T-Test

A numeric examination technique for assessing whether the mean values of two correlated groups differ significantly.

Regression

A statistical method used to determine the relationship between two or more variables, where one or more independent variables are used to predict the outcome of a dependent variable.

Analysis of Variance

A statistical procedure used to compare the means of three or more samples to determine if at least one of the sample means is significantly different from the others.