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Write the Word or Phrase That Best Completes Each Statement α=0.01\alpha = 0.01

question 26

Short Answer

Write the word or phrase that best completes each statement or answers the question.
-In an area of the Great Plains, records were kept on the relationship between the rainfall (in inches) and the yield of soybeans (bushels per acre). Can you conclude that there is a correlation between rainfall and yield per acre? Use α=0.01\alpha = 0.01 .
 Rainfall 12.010.314.914.020.311.88.517.117.5 Yield 52.047.760.360.583.950.733.477.580.3\begin{array}{l|rrrrrrrrr}\text { Rainfall } & 12.0 & 10.3 & 14.9 & 14.0 & 20.3 & 11.8 & 8.5 & 17.1 & 17.5 \\\hline \text { Yield } & 52.0 & 47.7 & 60.3 & 60.5 & 83.9 & 50.7 & 33.4 & 77.5 & 80.3\end{array}


Definitions:

Normal Good

A good for which demand increases as consumer income rises, and decreases as consumer income falls.

Income

The money received by individuals or entities, typically in exchange for providing labor, selling goods, or making investments.

Substitute Goods

Products or services that can replace or be used in place of one another, having the ability to satisfy similar consumer needs or desires.

Iced Tea

A chilled beverage made by cooling brewed tea and typically served with ice, sometimes sweetened or flavored.

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