In a One-Way ANOVA, the Following Data Were Collected

question 50

Multiple Choice

In a one-way ANOVA, the following data were collected: SSTr=0.21, SSE=2.49 , N=24, I=3.
How many degrees of freedom are there for SSE?

• A) 24
• B) 3
• C) 2
• D) 21

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Definitions:

Equity Method

An accounting technique used by firms to assess the profits earned through their investments in other companies by reporting these profits as income.

Consolidating Entries

Journal entries made in the process of combining the financial statements of multiple subsidiaries with those of a parent company.

Original Cost

The acquisition cost of an asset before adjusting for depreciation, amortization, or impairment costs.