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In a competitive market it is necessary to extend credit to at least some customers in order to avoid losing market share to competitors.
Factorial ANOVA
An extension of ANOVA that evaluates the effect of two or more independent variables on a dependent variable, including their interaction effects.
Research Hypotheses
Research hypotheses are the specific, testable predictions made before conducting research, suggesting potential relationships or effects that the study aims to investigate.
Death Penalty
The legal punishment of execution administered to someone legally convicted of a capital crime.
3 × 2 ANOVA
A type of factorial analysis of variance that analyses the effects of two independent variables, one with three levels and the other with two, on a dependent variable.
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