Which of the Following Is a Required Condition for ANOVA

question 156

Multiple Choice

Which of the following is a required condition for ANOVA?

• A)The populations are normally distributed.
• B)The population variances are equal.
• C)The samples are independent.
• D)All of these choices are required conditions for ANOVA.

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Definitions:

Cost

The monetary value required to produce or acquire goods or services.

Competitive Firm

An individual company operating in a competitive market, where it has little to no control over the market price of its goods or services, and must accept the market price as given.

Inputs

Resources used in the production process, such as labor, capital, and materials.

Total Output

The total quantity of goods or services produced by an individual, firm, or country over a specified period.