If You Want to Examine the Difference Between the Average

question 10

Multiple Choice

If you want to examine the difference between the average scores of two unrelated groups,which of the following statistical techniques should you select?

• A)regression
• B)dependent-samples t-test
• C)analysis of variance
• D)independent-samples t-test

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Definitions:

Amortization Period

The length of time it takes to pay off a loan or mortgage in full with regular payments that cover both principal and interest.

Compounded Monthly

A method of calculating interest where the interest earned each month is added to the principal, so the balance doesn't merely grow; it grows at an increasing rate.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Loan

Money that is borrowed, typically from a bank or financial institution, that is expected to be paid back with interest.