For the Questions That Follow, Identify Which Procedure You Would

question 3

Multiple Choice

For the questions that follow, identify which procedure you would use for each of the given scenarios.
-Ben is interested in the relationship between college professors' academic discipline and their actual ability to fix a car, holding constant mechanical aptitude.Ben randomly selects 15 mathematics professors, 15 psychology professors, and 15 philosophy professors at a major university.Each professor completes a mechanical aptitude scale.Scores on this measure have a mean of 100 and a standard deviation of 15.The professors were then rated on how well they performed four automotive maintenance tasks: changing a tire, changing the oil, changing the spark plugs, and adjusting the timing belt.Ratings were based on the degree of success in completing the task and how long it took to complete it.

• A)One-way ANOVA
• B)Factorial ANOVA
• C)Repeated measure ANOVA
• D)ANCOVA
• E)MANOVA

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Definitions:

Effective Rate of Interest

The real rate of interest earned or paid over a period, considering compounding.

Compounded Options

Compounded options are not a standard financial term, suggesting a mix-up or confusion with terms related to compound interest or options trading. NO.

GICs

In Canada, Guaranteed Investment Certificates represent an investment option guaranteeing a fixed return rate over a certain time frame.

Annually

Happening annually or pertaining to a timeframe of one year.