Which of the Following Statements Is True

question 44

Multiple Choice

Which of the following statements is true?

• A) Researchers first consider the statistical significance of main effects before considering interaction effects in a complex design.
• B) If an interaction effect is statistically significant, researchers then use main effects to understand the source of the interaction.
• C) If an interaction effect is not statistically significant, the researcher should then conduct analyses of simple main effects to determine why the interaction was not statistically significant.
• D) If an interaction effect is statistically significant, it is likely the researcher will discover at least one statistically significant simple main effect.

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Definitions:

Sales Revenue

The total amount of money generated from the sale of goods or services before any expenses are subtracted.

Profit Increase

The growth in profit from one period to another, often measured as a percentage increase, indicating the company's improved financial performance.

Cost Volume Profit Analysis

An accounting method used to determine the breakeven point of sales and to estimate the effect of changes in costs and volume on a company's profit.

Fixed Costs

Costs that do not change with the level of production or sales volume, such as rent, salaries, and insurance.