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Use the following information for the question. A group of home gardeners want to test whether the type of soil used to grow
heirloom tomatoes has an effect on the number of tomatoes harvested. Gardeners randomly assigned tomato plants to be
grown in soil with no fertilizer, commercial plant food, and homemade compost. All other growing conditions were kept the
same. Forty plants were assigned to each group. At the end of the growing season the number of tomatoes harvested was
counted. Assume that all other conditions for the ANOVA test have been met. One-way ANOVA
Factor
-State the null and alternative hypothesis.
Price Ranges
The spread between the lowest and highest price at which a good or service is sold in a market.
Price Elasticity
A calculation that shows the impact of price changes on the quantity of a good that is demanded.
Price Increase
A rise in the cost of goods or services, affecting the purchasing power of consumers.
Widgets
A generic term often used to refer to any hypothetical manufactured good or product.
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