I to Employ ANOVA, the Populations Should Have Approximately Equal

question 93

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) (i), (ii), and (iii) are all false statements.

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The cost of borrowing money on a credit card, calculated as a rate of the total amount of unpaid card balance.