Refer to the Following Partial ANOVA Results from Excel (Some

question 59

Multiple Choice

Refer to the following partial ANOVA results from Excel (some information is missing) . The response variable was Y = maximum amount of water pumped from wells (gallons per minute) . $$\begin{array} { | l | r | c | c | c | } \hline \text { Source of Variation } &{ S S } & d f & M S & F \\\hline \text { Depth of well } & 2450 & 2 & 1225 & \\\hline \text { Age of well } & 364.667 & & & 3.8371 \\\hline \text { Interaction } & 32.667 & 4 & & 0.1719 \\\hline \text { Error } & 855.333 & 18 & 47.519 & \\\hline \text { Total } & 3702.667 & 26 & & \\\hline\end{array}$$ The F statistic for depth of well is:

• A)25.23.
• B)25.78.
• C)25.31.
• D)25.06.

---

Definitions:

Merchandise On Account

Goods that have been purchased but not yet paid for, often resulting in an accounts payable for the buyer.

Sales Allowance

A reduction in the selling price of goods or services, typically granted to customers for various reasons like minor defects or dissatisfaction.

Partial Derecognition

The process in accounting where only a portion of a financial asset or liability is removed from the balance sheet.

Receivables

These are amounts owed to a business by its customers for goods or services delivered on credit.