A Student Runs an Experiment to Study the Effect of Gas

question 1

Multiple Choice

A student runs an experiment to study the effect of gas brand and car type on mileage.She uses 3 different brands of gas on 8 different types of cars.

• A)Gas brand SS: 3 df;Car type SS: 7 df;SSE: 14 df
• B)Gas Brand SS: 3 df;Car type SS: 4 df;SSE: 12 df
• C)Gas brand SS: 1 df;Car type SS: 7 df;SSE 14 df
• D)Gas Brand SS: 2 df;Car type SS: 3 df;SSE: 8 df
• E)Gas brand SS: 2 df;Car type SS: 7 df;SSE 14 df

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Definitions:

Adverse Opinion

An auditor's opinion indicating that a company's financial statements do not fairly represent its financial position, results of operations, or cash flows, often due to misstatements or non-compliance with accounting standards.

GAAP

GAAP (Generally Accepted Accounting Principles) are standardized guidelines for accounting practices and financial reporting in the United States.

Segment Reporting

The practice of dividing a company's financial reports into segments based on geographical areas, products, or services to provide insight into performance.

Reportable Segments

Sections of a business that have separate financial information available and are significant enough to warrant separate disclosure in the company's financial statements.