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The figure below shows the demand (D) and supply (S) curves of cocoa in the U.S.Figure 21.4
-Which of the following had resulted from the Smithsonian agreement of 1971?
Experimentally Accepted
Validated or confirmed through designed and controlled experiments.
Statistically Significant
A mathematical indication that a result is not likely to have occurred by chance alone, according to a predefined threshold of probability (the p-value).
Real Life
Pertaining to or involving actual events, situations, and experiences, as opposed to theoretical concepts or hypothetical scenarios.
Obtained Results
The findings or outcomes that are derived from conducting a specific research study or experiment.
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