Levene's Test for Homogeneity of Variance Is Attractive Because It

question 33

True/False

Levene's test for homogeneity of variance is attractive because it does not depend on the assumption of normality.

---

Definitions:

Standard of Living

A measure of the wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.

Importing

The process of importing products or services from other countries for the purpose of selling them domestically.

High-Opportunity Cost

A situation where choosing one option results in the loss of the potential gain from other alternatives.

Low-Opportunity Cost

Refers to a situation where choosing one option results in the smallest possible sacrifice in terms of the value of the next best alternative.