One-way ANOVA is applied to independent samples taken from four normally distributed populations with equal variances. If the null hypothesis is rejected, then we can infer that
a. all population means are equal. c. at least two population means are equal.
b. all population means differ. d. at least two population means differ.
D
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The following information was taken from the financial statements of Collin's Inn: Total current assets $162,000 Average owner's equity 148,000 Beginning inventory 32,000 Ending inventory 36,000 Cost of goods sold 165,000 Net income 37,000 The return on owner's equity for Collin's Inn is
a. 25%. b. 27%. c. 80%. d. 129%.
Answer the following statements true (T) or false (F)
1. The margin of safety can be used to evaluate a company's plans for the future. 2. If variable costs increase, and all other factors remain the same, the margin of safety will become smaller. 3. If variable costs decrease, and all other factors remain the same, the margin of safety will become larger. 4. If fixed costs increase, and all other factors remain the same, the margin of safety will become larger. 5. The degree of operating leverage is the ratio that measures the effects that variable costs have on operating income when sales volume changes.
Affirmative action occurs when employers
A. fill minority quotas. B. establish the validity of hiring procedures. C. provide additional facilities to employees with disabilities. D. develop a plan of action to correct areas of past discrimination.
Employers often provide insurance for employees under individual policies
Indicate whether the statement is true or false