What Is a Multivariate Tool That Combines a Factor Analytic

question 55

Multiple Choice

What is a multivariate tool that combines a factor analytic and regression approach to provide path estimates to a proposed model,but falls short of providing an assessment of fit?

• A)partial least squares (PLS)
• B)MANOVA
• C)partial correlations
• D)discriminant analysis

Identify and classify different types of costs in a manufacturing environment.

Differentiate between product costs and period costs.

Recognize direct materials, direct labor, and manufacturing overhead as components of product costs.

Distinguish between selling and administrative expenses and manufacturing costs.

---

Definitions:

Pooled Sample Data

Combined data from two or more samples, often used in statistical analyses to gain more precise estimates of population parameters.

Wilcoxon Test Statistic

A non-parametric test statistic used to compare two paired groups, assessing whether their population mean ranks differ.

Two-Tail

Refers to a type of hypothesis test that considers both directions of difference or effect, looking for deviations in two opposite directions.

Level Of Significance

The probability threshold below which a result is considered statistically significant.