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Bananas Apples
-According to the principle of diminishing marginal utility, as an individual consumes more and more of a good or service, the total utility increases while the marginal utility decreases.
Fixed-Effects ANOVA
A variation of ANOVA where only factors that are fixed (non-random) are considered in the analysis.
SSE
Sum of Squared Errors; a measure used in statistics to quantify the difference between the observed and predicted values by a model.
SSB
In statistics, SSB stands for the Sum of Squares Between groups, which is used in variance analysis to determine the variance among different groups.
Randomized Block Experiment
An experimental design that groups subjects based on certain characteristics to reduce variation in the response variable, with random assignment within blocks.
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