Scheffe’s test is a conservative post-hoc test and LSD is not a very conservative post-hoc test. This means […] with Scheffe’s test than with an LSD test.
a. you are more likely to find statistical significance
b. you are less likely to find statistical significance
c. you are more likely to find large effect sizes
d. you are less likely to find large effect sizes
b. you are less likely to find statistical significance
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A significant disadvantage of PDM and PERT is that they should not be used in times of uncertainty
Indicate whether the statement is true or false
Top-down budgeting methods are commonly used because of
A. the growing availability of computer simulations. B. the ease with which a manager can assess the impact of sales on ROI. C. the upper management's desire for control. D. their effectiveness. E. their quantitative nature.
Prestridge Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for August. Fixed Element per MonthVariable Element per Customer ServedActual Total for AugustRevenue $4,100$120,500Employee salaries and wages$41,500 $1,000$71,200Travel expenses $500$14,800Other expenses$38,900 $38,400?When the company prepared its planning budget at the beginning of August, it assumed that 31 customers would have been served. However, 29 customers were actually served during August.?The activity variance for net operating income for August would have been closest to:
A. $5,200 U B. $5,200 F C. $4,100 U D. $4,100 F
Which of the following pairs of charts are used together?
a. x-chart and p-chart b. R-chart and p-chart c. R-chart and s-chart d. x-chart and R-chart