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In ANOVA,the F-Test Is the Ratio of Two Sample Variances

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In ANOVA,the F-test is the ratio of two sample variances.In the one-way ANOVA (completely randomized design) ,the variance used as a numerator of the ratio is:


Definitions:

Trade Balance

The difference in value between a country's imports and its exports; a surplus indicates more exports than imports, and a deficit the opposite.

Currency

The paper bills and coins in the hands of the public.

Open-Economy Macroeconomic Model

A framework used in economics to analyze and understand the behaviors and interactions of economies that engage in international trade and finance.

Import Quotas

Limits set by a government on the amount of a specific good that can be imported into the country.

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