What is an omnibus test? Provide an example of an omnibus test.

What will be an ideal response?


ANS:An omnibus test refers to a test that examines the overall differences between means. ANOVA is an omnibus test.

Business

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Which of the following is the most risky for an exporter?

A. Irrevocable letter of credit B. Bank collection time draft C. Open account D. Revocable letter of credit E. Cash in advance

Business

Which of the following can end the existence of a corporation?

A) voluntary termination by shareholder B) death of a shareholder C) bankruptcy of a shareholder D) voluntary termination by the corporation's creditors

Business

Every criminal defendant has a right to a jury trial

Indicate whether the statement is true or false

Business

The Scribners purchased property on which they subsequently discovered there was barium contamination that resulted from former land ownership by Jasco-Sun Steel. The Scribners were unable to sell their property, but the valuation for tax purposes remained the same following the barium discovery. Which of the following is correct?

A)?Environmental contamination is not used in property valuation. B)?Environmental contamination is not used in property valuation when the landowner is not responsible. C)?Environmental contamination is a factor in valuation. D)?None of the above

Business