The F Ratio in a Completely Randomized ANOVA Is the Ratio

question 75

Multiple Choice

The F ratio in a completely randomized ANOVA is the ratio of

• A)MSTR/MSE
• B)MST/MSE
• C)MSE/MSTR
• D)MSE/MST

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Definitions:

Diminishing Marginal Utility

The principle that as a person consumes more of a product, the satisfaction (utility) gained from each additional unit decreases.

Consumer Behavior

The study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs and the impacts that these processes have on the consumer and society.

Substitution Effect

The change in the quantity demanded of a good that results from a change in price, making the good more or less expensive relative to other goods.

Consumer Behavior

The study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs.