In a Two-Factor ANOVA,where a Is the Number of Factor

question 54

Multiple Choice

In a two-factor ANOVA,where a is the number of factor A levels and b is the number of factor B levels,the number of degrees of freedom for the interaction term is

• A) (a - 1)(b - 1)
• B) ab - 1
• C) (a - 1)+ (b -1)
• D) Unknown;need to know the number of replicates.

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Definitions:

Prime Rate

The interest rate that commercial banks charge their most credit-worthy customers, frequently used as a benchmark in lending rates.

Commercial Banks

Financial institutions that accept deposits, offer various loans, and provide other financial services to the public.

Open Market Operations

Central bank activities involving the buying or selling of government securities to control the money supply and interest rates.

Discount Rate

The interest rate set by central banks that is charged to commercial banks for loans, influencing monetary policy and the money supply.