The Variables, Quantitative or Qualitative, Whose Effect on a Response

question 73

Multiple Choice

The variables, quantitative or qualitative, whose effect on a response variable is of interest are called __________.

• A)the treatments
• B)the experimental units
• C)factors
• D)the factor level

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Definitions:

Principal

The original sum of money borrowed in a loan, or the initial amount invested, excluding any interest or dividends.

Payment

The act of transferring money, or its equivalent, from a buyer to a seller as compensation for goods or services.

Effective Interest Method

A method of calculating the amortized cost of a bond or loan based on periodic cash flows and interest expense adjustments.

Interest Expense

The cost incurred by an entity for borrowed funds.