In a 2-Way ANOVA,if Factor 1 Has a Levels and Factor

question 11

Multiple Choice

In a 2-way ANOVA,if factor 1 has a levels and factor 2 has b levels,then there are a total of _______ treatments.

• A) a + b
• B) a × b
• C) |a − b|
• D) a/b
• E) a

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Definitions:

Output

The amount of goods or services produced by a company, industry, or economy within a specified period.

VC

Venture Capital, a form of private equity financing provided by investors to startups and small businesses with long-term growth potential.

AVC

Average Variable Cost, which is the total variable costs (costs that change with production levels) divided by the quantity of output produced.

AFC

Average Fixed Cost; the fixed expenses of a company divided by the number of units produced.