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The Three Major Components Responsible for Variation in a Company's

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The three major components responsible for variation in a company's income stream are business risk,operating risk,and financial risk.


Definitions:

Completely Randomized Design

An experimental design in which the treatments are randomly assigned to the experimental units.

Experimental Units

The smallest unit or entity to which a treatment is applied in an experiment.

Factorial Experiment

An experimental design that allows simultaneous conclusions about two or more factors.

Treatment Combinations

In experimental design, the different sets of conditions applied to experimental units, used to determine the effect of multiple factors on an outcome.

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