THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Random samples of eight freshmen,eight sophomores,and eight juniors taking a business statistics class were drawn.The accompanying table shows scores on the final examination.
-Set out the analysis of variance table.
Definitions:
Compounded Monthly
Compounded monthly refers to the process where interest is added to the principal sum of a loan or deposit so that the added interest also earns interest from then on.
Compounded Monthly
A method where interest is added to the principal every month, allowing the interest to earn interest in subsequent months.
Compounded Semi-Annually
The process of calculating interest where the interest is added to the principal sum of a loan or deposit twice a year.
Mutual Fund
A type of investment vehicle consisting of a portfolio of stocks, bonds, or other securities, which is managed by an investment company with the capital pooled from many investors.
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