Daily Supply and Demand: Oranges in Hurricane Alley 
Refer to the figure above.If the supplier sells the tenth pound of oranges to the most eager buyers for $8,the seller is _____ better off than before and the buyer is ______ better off than before.
Definitions:
Statistical Procedures
Methods used in collecting, analyzing, interpreting, and presenting data.
Regression Equation
A formula used to predict a dependent variable based on one or more independent variables, typically in the form Y = a + bX.
Moving Violations
Traffic offenses committed by a vehicle in motion, such as speeding or running a red light.
Critical Value
A point on the scale of the test statistic beyond which we reject the null hypothesis; it defines the cutoff between significant and non-significant results.
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