Examlex
Congress has enacted a number of regulations that have established criteria for evaluating home loan applicants and mandating disclosures in the origination of home loans. Which of the following congressional acts requires important disclosures concerning the cost of consumer credit, including the computation of the annual percentage rate (APR) ?
One-way ANOVA
A statistical test used to determine if there are statistically significant differences between the means of three or more independent (unrelated) groups based on one independent variable.
F-ratio
A statistical measure used in analysis of variance (ANOVA) to determine the degree of variation between sample means in comparison to variation within the samples.
Critical Value
A point on the test distribution that is compared to the test statistic to decide whether to reject the null hypothesis.
Degrees of Freedom
Refers to the number of independent values or quantities which can be assigned to a statistical distribution or a statistical test.
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