The Following Table Shows the Results of an Analysis of Variance

question 45

Multiple Choice

The following table shows the results of an analysis of variance comparing two treatment conditions with a sample of n = 11 participants in each treatment.Note that several values are missing in the table.What is the missing value for the F-ratio? $$\begin{array} { l r l r l } \text { Source } & S S & d f & M S \\\hline \text { Between } & \mathrm { xx } & \mathrm { xx } & 14 & F = \mathrm { xx } \\\text { Within } & \mathrm { xx } & \mathrm { xx } & \mathrm { xx } & \\\text { Total } & 154 & \mathrm { xx } &\end{array}$$

• A)2
• B)7
• C)14
• D)28

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Definitions:

Purely Competitive

A market structure characterized by many buyers and sellers, where each seller is a price taker and homogeneous products are offered.

Market

An economic system that allows buyers and sellers to exchange goods and services, determining prices through the laws of supply and demand.

Deadweight Loss

signifies a loss of economic efficiency that can occur when the equilibrium for a good or a service is not achieved or is not achievable.

Purely Competitive

A purely competitive market is one in which there are many buyers and sellers, all trading homogeneous products, with no single entity able to control the market price.