A 2 × 2 × 4 Factorial Design Includes How

question 8

Multiple Choice

A 2 × 2 × 4 factorial design includes how many independent variables?

• A) 1
• B) 2
• C) 3
• D) 4

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Definitions:

Rival

A competitor or adversary who is in competition for the same objective or for superiority in the same field.

Excludable

Describes a good or service for which it is possible to prevent non-paying customers from accessing it.

Marginal Social Benefit

The extra advantage that the entire society gains from using an additional unit of a product or service.

Public Good

A product that is non-excludable and non-rivalrous in consumption, meaning it is available to all members of society without depletion.