When Calculating an ANOVA, You Are Most Likely to See

question 14

Multiple Choice

When calculating an ANOVA, you are most likely to see a significant difference between groups when ______.

• A) your between groups variability is large and your within groups variability is small
• B) your between groups variability is large and your within groups variability is large
• C) your between groups variability is small and your within groups variability is large
• D) your between groups variability is small and your within groups variability is small

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Definitions:

Profit Centers

Divisions or departments within a business that are treated as separate entities for the purpose of financial reporting, with their own revenues and expenses.

Sales

Transactions between a seller and a buyer where goods or services are exchanged for money.

Costs

The monetary value required to produce goods or services, including materials, labor, and overhead.

Transfer Price

The price at which divisions of a company transact with each other, such as the sale of goods or services, often used for internal accounting.