When Analysis of Data Reveals Differential Effects of One Factor

question 70

Multiple Choice

When analysis of data reveals differential effects of one factor across levels of another factor, what is this called?

• A)interaction effect
• B)factor effect
• C)level effect
• D)main effect

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Definitions:

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.

Cost of Merchandise Sold

An expense account that reflects the direct costs associated with the goods sold by a company during an accounting period.

Equation

A mathematical statement that asserts the equality of two expressions, represented by the symbol "=".

Gross Profit

Sales minus the cost of merchandise sold.