The College of Business Was Interested in Comparing the Attendance

question 114

Multiple Choice

The college of business was interested in comparing the attendance for three different class times for a business statistics class. The data follow. What are the block and treatment degrees of freedom?

• A) 5 and 3
• B) 5 and 5
• C) 4 and 2
• D) 3 and 15

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Definitions:

Present Value

The assessed present-day value of money to be received in the future or a pattern of cash inflows, factoring in an established rate of return.

Effective Rate

is the actual interest rate that an investment earns or a loan incurs, including the effects of compounding over a given period.

Present Value

The current worth of a future sum of money or stream of cash flows given a specific rate of return, accounting for the time value of money.

Semiannually

Happens biannually, usually every six months.