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The Growth Rates of Two Plant Species Are 5

question 15

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The growth rates of two plant species are 5.3 millimetres per year for plant A and 4.6 millimetres per year for plant B. The t-statistic is calculated as 1.12, and the critical t for an alpha of 0.05 with 18 degrees of freedom is 1.734. What is concluded about the growth rates of the species?

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Definitions:

Gain

An increase in wealth, assets, or value, often resulting from investment or business operations.

Lose

To be deprived of something one once had or to fail to win in a competition or conflict.

Breakeven

The point at which total cost and total revenue are equal, meaning no net loss or gain is incurred by the business.

Cost to Play

The initial investment or expense required to enter a market, participate in a game, or start a new venture.

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