Which of the Following Are Least Likely to Use Weather

question 3

Multiple Choice

Which of the following are least likely to use weather derivatives?

• A) Energy producers
• B) Food and drink manufacturers
• C) Companies in the leisure industry
• D) Automobile manufacturers

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Definitions:

P-Value

A statistical metric indicating the likelihood of obtaining the observed results when the null hypothesis of a study is true.

F Statistic

A ratio used in ANOVA and regression analysis to determine if the variances between means are statistically significant.

Main Effect

The direct influence of an independent variable on a dependent variable in an experimental design.

Two-Way ANOVA

An extension of the ANOVA that assesses the effect of two different categorical independent variables on one continuous dependent variable.