Which of the Following Is NOT Part of the Advantages

question 57

Multiple Choice

Which of the following is NOT part of the advantages that ANOVA has over performing multiple t tests of the significance of the differences between means?

• A)It immediately notifies the researcher if there is any significant difference.
• B)All the researcher needs to do is look at the "Sig."
• C)It arranges the means so the significant differences can be located.
• D)It arranges the means so the significant differences can be interpreted easily.
• E)SPSS will only do ANOVA tests,not t-tests of the differences between means.

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Definitions:

Consumer Goods

Products that are purchased for consumption by the average consumer, typically divided into durable goods, nondurable goods, and services.

Capital Goods

Physical assets used in the production of goods and services, such as machinery, buildings, and equipment.

Production Possibilities Curve

A graphical representation that shows the maximum combination of two goods or services that can be produced with a given set of resources and technology.

Scarce Resources

Natural, human, and capital resources that are limited in supply and available for the production of goods and services.