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Analysis of Variance Is a "Signal Flag" Procedure

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Analysis of variance is a "signal flag" procedure.By this,we mean that it alerts the researcher to the fact that there are many differences that are statistically significant and it flags him or her to those differences which are most important,those which should be acted upon first.


Definitions:

Price Equals

A statement used to define a condition where the price of a good or service is set or found.

Efficient Markets

A theory that suggests that financial markets fully reflect all available information at any given time, making it impossible to consistently achieve higher returns.

Investment Capital

Funds invested in a business for the purpose of furthering its operations and generating income or profit.

Profit Opportunities

Situations or conditions that allow for the chance to generate earnings above the norm.

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