Advanced Topic: in a Two-Way Analysis of Variance,the Degrees of Freedom

question 34

Multiple Choice

Advanced topic: In a two-way analysis of variance,the degrees of freedom for each main effect are

• A)the number of cells minus the number of variables.
• B)the number of variables minus the total scores within the column or row.
• C)the number of levels of the variable minus 1.
• D)the total number of scores in that row or column minus 2.

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Definitions:

Scrap

Material waste or remnants resulting from manufacturing processes, which may have a recoverable value or can sometimes be reused or recycled.

Inventory

The raw materials, work-in-progress products, and finished goods considered to be the portion of a business’s assets that are ready or will be ready for sale.

Irrelevant Costs

Costs that should not be considered in decision-making because they will not be affected by the decision.

Direct Fixed Manufacturing Costs

Costs that are directly attributable to the production process and do not vary with the level of output but remain constant within a specific time period.