I to Employ ANOVA, the Populations Should Have Approximately Equal

question 77

Multiple Choice

i. To employ ANOVA, the populations should have approximately equal standard deviations.
ii. To employ ANOVA, the populations being studied must be approximately normally distributed.
iii. A technique that is efficient when simultaneously comparing more than two population means is known as analysis of variance (ANOVA)

• A) (i), (ii) and (iii) are all correct statements
• B) (i) and (ii) are correct statements, but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) All statements are false

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Definitions:

Constructive Conflict

A type of conflict that leads to positive outcomes, encouraging growth and improvement.

Satisficing

A decision-making strategy that aims for a satisfactory or adequate result, rather than the optimal solution, particularly when dealing with complex problems.

Scenario Planning

Scenario planning is a strategic planning method that organizations use to envision and prepare for various future possibilities.

Satisficing

A decision-making strategy that aims for a satisfactory rather than optimal solution by prioritizing the first option that meets a given threshold of acceptability.