Which Statistical Tool Is Used to Determine If a Significant

question 23

Multiple Choice

Which statistical tool is used to determine if a significant relationship exists between the predictor scores and the performance criterion?

• A)discriminant analysis
• B)confirmatory factor analysis
• C)correlation analysis
• D)canonical correlational analysis
• E)regression analysis

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Definitions:

Marginal Cost

The expense incurred from manufacturing an extra unit of a product or service.

Average Total Cost

A rephrased definition: The per unit production cost calculated by dividing the sum of all production costs by the quantity of output produced.

Variable Cost

Costs that change in proportion to the level of output or activity of a business.

Fixed Costs

Expenses that do not change with the amount of goods or services produced, such as rent or salaries.