List the Important Elements in the External Environment

question 11

Essay

List the important elements in the external environment.

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Definitions:

Variance

Average squared deviation from the mean.

Degrees Freedom

Degrees of freedom refer to the number of independent values or quantities which can be assigned to a statistical distribution or to the number of variables minus the number of constraints in a system.

F-ratio Equation

A statistic used in ANOVA tests, calculated as the variance between group means divided by the variance within the groups.

Criterion Variable

Variable in a correlational research study predicted by a predictor variable.