The Formula for Horizontal Analysis of Changes Since the Base

question 153

Multiple Choice

The formula for horizontal analysis of changes since the base period is the current year amount

• A) divided by the base year amount.
• B) minus the base year amount divided by the base year amount.
• C) minus the base year amount divided by the current year amount.
• D) plus the base year amount divided by the base year amount.

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Definitions:

One-Way ANOVA

A statistical test that compares the means of three or more independent groups to determine if there is a significant difference between them.

Null Hypothesis

The default hypothesis that there is no significant difference or relationship between specified populations, any observed effect is due to sampling or experimental error.

Interaction

In the context of statistics and experimental design, interaction refers to a situation where the effect of one independent variable on the dependent variable varies according to the level of another independent variable.

Factorial ANOVA

A statistical test used to examine the effects of two or more independent variables on a dependent variable simultaneously.