After a 2 X 2 Factorial ANOVA Has Been Used

question 74

Multiple Choice

After a 2 x 2 factorial ANOVA has been used to determine that a statistically significant relationship exists between the dependent variable and an independent variable,a(n) ____ can be calculated to indicate the strength of the relationship.

• A)t²
• B)Tukey's HSD
• C)eta²
• D)critical difference

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Definitions:

GDP Deflator

An economic metric that converts output measured at current prices into constant-dollar GDP, essentially adjusting for inflation and allowing for comparisons across time periods by reflecting the prices of all goods and services produced domestically.

GDP Deflator

A measure of the level of prices of all new, domestically produced, final goods and services in an economy in a year, used to deflate nominal GDP to real GDP.

Real GDP

Gross Domestic Product adjusted for inflation, providing a more accurate representation of an economy's size and growth over time.

Percentage Change

A mathematical calculation to determine the degree of change over time, expressed as a percentage.