A One-Way Repeated Analysis of Variance Is Not Appropriate When

question 38

Multiple Choice

A one-way repeated analysis of variance is not appropriate when ______.

• A)the dependent variable is quantitative and on an approximately interval scale
• B)the independent variable is qualitative and a within-subjects variable
• C)there are 4 levels of the independent variable
• D)the dependent variable is qualitative

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Definitions:

Fixed Monthly Expenses

Regular expenses that do not vary in amount from month to month, such as rent and salaries.

Net Operating Income

A measure of a company's profitability from its regular, core business operations, excluding deductions of interest and taxes.

Contribution Margin Ratio

The percentage of each sale that remains after variable costs are deducted, indicating how much revenue is contributing to fixed costs and profit.

Operating Leverage

A measure of how sensitive a company's operating income is to a change in sales, reflecting the proportion of fixed costs in the company's cost structure.