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The Three Potential Sources of Systematic Variation in a Complex

question 10

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The three potential sources of systematic variation in a complex design experiment involving two independent variables include


Definitions:

Expense

Outflows or other using up of assets or incurrence of liabilities during a period from delivering or producing goods, rendering services, or carrying out other activities.

Payment

The transfer of money or goods in exchange for a product or service.

Verifiability

The quality of information that different observers could broadly agree the information is a faithful representation, thus helping assure users that information faithfully represents the economic phenomena it purports to represent.

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