Instruction 11-11
an Agronomist Wants to Compare the Crop Yield

question 25

True/False

Instruction 11-11
An agronomist wants to compare the crop yield of three varieties of chickpea seeds. She plants all three varieties of the seeds on each of five different patches of fields. She then measures the crop yield in bushels per acre. Treating this as a randomised block design, the results are presented in the table that follows.
$$\begin{array} { | l | l | l | l | } \hline\text { Fields } & \text { Smith } & \text { Walsh } & \text { Trevor } \\\hline 1 & 11.1 & 19.0 & 14.6 \\\hline 2 & 13.5 & 18.0 & 15.7 \\\hline 3 & 15.3 & 19.8 & 16.8 \\\hline 4 & 14.6 & 19.6 & 16.7 \\\hline 5 & 9.8 & 16.6 & 15.2 \\\hline\end{array}$$

-Referring to Instruction 11-11,the null hypothesis should be rejected at a 0.005 level of significance.

---

Definitions:

Market Price

The current price at which an asset or service can be bought or sold in a marketplace.

Return on Total Assets

A financial ratio that measures the profitability of a company in relation to its total assets, indicating how efficient management is at using its assets to generate earnings.

Interest Expense

A financial charge for borrowing money or the cost incurred on debt.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.