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Use the figure below to answer the following question(s) .
Figure 6-1
-Figure 6-1 illustrates the four possibilities of the distribution of costs and benefits among voters for a government project. A tariff on imported steel to protect jobs in the domestic steel industry that raises the cost of many products for consumers would be considered which type of project?
Statistically Significant
The likelihood that the difference in outcomes between groups is not due to chance, based on a predefined significance level.
Correlation Coefficient
A statistical measure that indicates the extent to which two variables fluctuate together.
Independent Variable
A variable in an experiment that is manipulated to determine its effect on the dependent variable.
Dependent Variable
The variable in an experiment that is observed and measured to see how it is influenced by the independent variable.
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