If Both Main Effects and the Interaction Are Not Significant

question 30

True/False

If both main effects and the interaction are not significant using the two-way between-subjects ANOVA then post hoc tests and simple main effect tests are unnecessary.

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Definitions:

Forecast Error

The difference between predicted outcomes and actual events, often analyzed in business and economics to improve forecasting techniques and accuracy.

Stockout

A situation where demand cannot be fulfilled due to the unavailability of the product, often leading to lost sales.