In Order for a One-Way Analysis of Variance to Be

question 159

Multiple Choice

In order for a one-way analysis of variance to be considered a balanced design, which of the following must hold?

• A) The population variances must be equal.
• B) The sample sizes selected from each population must be equal.
• C) The study must have the same number of rows as it does columns.
• D) All of the above are true.

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Definitions:

Residual Value

The approximate worth of an asset when it reaches the end of its usable life.

Depreciable Cost

This refers to the total cost of an asset that is subject to depreciation over its useful life, including the purchase price and any additional costs necessary to make the asset usable.

Journal Entry

A record of a transaction in the general journal, indicating the accounts and amounts to be debited and credited.

Hours

A measure of time spent performing tasks or activities, often used in work, scheduling, and billing contexts.