In One-Way ANOVA,separation of the Variation Observed in the Dependent

question 38

Multiple Choice

In one-way ANOVA,separation of the variation observed in the dependent variable into the variation due to the independent variables plus the variation due to error is called ________.

• A)decomposition of the total variation
• B)one-way analysis of variance
• C)n-way analysis of variance
• D)analysis of covariance (ANCOVA)

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Definitions:

Study Time

A period dedicated to academic work or learning outside of formal teaching sessions.

Marginal Analysis

A review of the extra advantages gained from an activity in relation to the extra expenses it generates.

Benefit

The advantage or gain received from a decision, action, or policy, often used in the analysis of choices in economics.

Bounded Rationality

A basis for decision making that leads to a choice that is close to but not exactly the one that leads to the best possible economic outcome; the “good enough” method of decision making.