Which One of the Following Measures Is Frequently Used to Evaluate

question 61

Multiple Choice

Which one of the following measures is frequently used to evaluate the performance of the manager of an investment centre, but NOT profit centres?

• A)the amount of profit generated
• B)the percentage increase in profit over the previous year
• C)controllable margin
• D)the rate of return on funds invested in the centre

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Definitions:

Replications

Multiple instances or repeats of experiments or studies to verify findings or to increase precision.

Degrees of Freedom

The number of independent pieces of information upon which a statistical estimate is based minus the number of parameters being estimated.

Two-way ANOVA

A statistical method used to examine the effects of two different independent variables on one dependent variable.

Two-way Factor ANOVA

A statistical test used to determine the effect of two nominative variables on a continuous outcome.