ANOVA Requires Assumptions That the M Groups or Factor Levels

question 62

True/False

ANOVA requires assumptions that the m groups or factor levels being studied represent populations whose outcome measures are randomly and independently obtained,are normally distributed,and have equal variances.

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Definitions:

Great Depression

A severe worldwide economic depression that took place mostly during the 1930s, starting in the United States.

John Maynard Keynes

A British economist whose ideas fundamentally changed the theory and practice of macroeconomics and economic policies of governments.

Classical Economists

Early economists, such as Adam Smith and David Ricardo, who focused on the role of free markets in promoting economic growth and efficiency.

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in successive quarters.