Eta² Is

question 74

Multiple Choice

Eta² is

• A)the proportion of unexplained variance relative to the total variance.
• B)the proportion of error variance relative to the total variance.
• C)the proportion of explained variance relative to the total variance.
• D)the total amount of variability in the independent variable.

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Definitions:

Absorption Costing

An accounting method that includes all of the costs associated with production, including variable costs and fixed overhead.

Selling Price

The amount of money charged for a product or service, or the sum the market will bear.

Return On Investment

measures the gain or loss generated on an investment relative to the amount of money invested.

Traceable Fixed Expense

Fixed costs that can be directly linked to a specific business segment, product, or department.