Which of the Following Statements Is False

question 94

Multiple Choice

Which of the following statements is false?

• A)F = t²
• B)The F-test can be used instead of a two tail t-test when you compare two population means.
• C)Doing three t-tests is statistically equivalent to doing one F-test when you compare three population means.
• D)All of these choices are true.

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Definitions:

Fixed Cost

A cost that does not change with an increase or decrease in the amount of goods or services produced or sold.

Cartel

An association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition.

Marginal Cost

The increase in total cost that arises from producing an extra unit of output.

Fixed Cost

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance.