Suppose the Omnibus Analysis of Variance for a 2

question 3

Multiple Choice

Suppose the omnibus analysis of variance for a 2 * 2 complex design reveals only a statistically significant main effect of one independent variable.To understand the effect of this variable the researcher should

• A) compute simple main effects analyses.
• B) use t-tests to compare two means at a time.
• C) examine the means for the independent variable collapsed across the other independent variable.
• D) all of these

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Definitions:

Variable Costing

An accounting method that includes only variable production costs in the cost of goods sold, excluding fixed factory overhead.

Absorption Costing

An accounting method that assigns all manufacturing costs, including both fixed and variable, to products, fully capturing the cost of production.

Fixed Manufacturing Overhead

Regular, unchanged costs incurred during the manufacturing process, regardless of the level of output.

Variable Costing

A costing method that only includes variable production costs in product costs, excluding fixed manufacturing overhead.