Explain the role that between-sample variation and within-sample variation play in carrying out an analysis of variance


In ANOVA, we compare between-sample variation to within-sample variation. The basic role of the two variations is that their ratio provides the test statistic.

Business

You might also like to view...

When a television advertisement makes a special offer on a piece of luggage, encouraging viewers to call a toll-free number to take advantage of the special, the ad is designed to meet the goal of:

A) building brand image B) informing C) persuading D) encouraging action

Business

Custom unions or a common market does not create a free trade area as compared to NAFTA due to:

A) no common external tariffs. B) decreased production costs. C) reduced competition. D) ease of exporting commodities. E) creation of a continental demand.

Business

Interest on bonds usually is paid annually

Indicate whether the statement is true or false

Business

What is the best description of a pitch deck?

a. the introductory statements that grab the audience’s attention, placed at the start of the pitch b. a brief presentation, usually 10–12 slides, that provides a quick overview of your idea c. the detailed backup information that will give all the details of your idea d. the handout summary that you give to your audience

Business