The ANOVA Test Is Most Appropriate for Dependent Variables That

question 3

Multiple Choice

The ANOVA test is most appropriate for dependent variables that are________.

• A) discrete and ordinal.
• B) discrete and continuous.
• C) continuous and nominal.
• D) continuous and interval-ratio.

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Definitions:

Journalized

The act of recording a transaction in an accounting journal.

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories (assets, liabilities, and equities) in a balance sheet is represented as a proportion of the total account.

Income Statements

A financial statement that shows a company's revenues and expenses over a specific period, culminating in the net income or net loss.

Trial Balance

A financial worksheet aggregating all ledger balances into equivalent totals of debit and credit columns.