When using an ANOVA to compare between groups…

a. you use variance between the groups to determine how much the means differ
b. you use mean differences between all groups to determine how much the means differ
c. you use mean difference between 2 groups at a time in all combinations to determine how much means differ
d. none of the above


a. you use variance between the groups to determine how much the means differ

Business

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The allowance method based on the idea that a given percent of a company's credit sales for the period is uncollectible is:

A. Direct write-off method. B. The percent of accounts receivable method. C. The percent of sales method. D. The aging of accounts receivable method. E. Factoring method.

Business

Describe how optimum and maximum capacities may differ in the restaurant industry

What will be an ideal response?

Business

An R chart is used to track how much the individual observations within a sample vary

Indicate whether the statement is true or false.

Business

______ involves ensuring that the simulation model behaves as intended.

A. Model verification B. Validation C. Model formulation D. Experimentation

Business