The Two Statements Below Refer to Factorial Designs

question 26

Multiple Choice

The two statements below refer to factorial designs.
I.A factorial design allows you to make judgments about the simultaneous
Influence of two or more variables.
II.Factorial designs allow you to determine if there is an interaction between the variables.
Which,if any,of these statements is (are) true?

• A)I only
• B)II only
• C)I and II are both true
• D)Neither I nor II are true

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Definitions:

Discount Rate

An interest rate charged to commercial banks and other depository institutions for loans received from a country's central bank's discount window.

Multiple Discounts

A series of discounts applied one after the other on the remaining amount after the previous discount has been deducted.

Discount Period

The time period within which a payment on an invoice qualifies for a prompt payment discount.

Outstanding Balance

The outstanding balance is the total amount still owed on a loan or credit line, including any interest or fees that have accrued.