________ Float Results from the Delay Between the Time When

question 308

Multiple Choice

________ float results from the delay between the time when a customer deducts a payment from the checking account ledger and the time when the vendor actually receives the funds in a spendable form.

• A) Mail
• B) Processing
• C) Collection
• D) Disbursement

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Definitions:

Statistically Significant

An observed effect so large that it would rarely occur by chance, indicating that the findings from the data are likely not due to random variation.

ANOVA Null Hypothesis

In Analysis of Variance, the null hypothesis that states there are no mean differences among the groups being compared.

Test Statistic

This is a quantity, derived from sample data, that can be used in statistical hypothesis testing to decide whether to reject the null hypothesis.

Degrees of Freedom

This refers to the number of independent values or quantities that can vary in an analysis without breaking any constraints.