If an Analysis of Variance Is Used for the Following $\text { SSwithin }$

question 63

Multiple Choice

If an analysis of variance is used for the following data,what would be the effect of changing the value of SS1 to 50?

• A)Increase \(\text { SSwithin }\) and increase the size of the F-ratio M1 = 10 M2 = 20
• B)Increase \(\text { SSwithin }\) and decrease the size of the F-ratio SS1 = 90 SS2 = 70
• C)Decrease \(\text { SSwithin }\) and increase the size of the F-ratio
• D)Decrease \(\text { SSwithin }\) and decrease the size of the F-ratio

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Definitions:

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholders' equity at a specific point in time.

Inventory Quantity

The amount of merchandise, raw materials, work-in-progress, and finished goods that a company holds at any given point in time.

Days' Sales

A financial metric that calculates the average time it takes for a company to convert its inventory into sales.

Inventory

The total amount of goods, raw materials, and finished products that a business has on hand at any given time.