A Quantity Variance Measures Actual Deviations from the Quantity of Inputs

question 18

True/False

A quantity variance measures actual deviations from the quantity of inputs that should have been used to achieve the actual output quantity.

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Definitions:

Hypothesis

A proposed explanation made on the basis of limited evidence as a starting point for further investigation or experimentation.

Independent Variable

In an experiment, the variable that is manipulated or changed to observe its effects on a dependent variable.

Nomothetic

An approach in psychology that seeks to understand the general laws that govern behavior, by studying large groups of individuals.

Idiosyncratic

Pertaining to peculiar or individual characteristics or behaviors that distinguish someone or something from others.