An Informed Guess or Assumption About a Certain Problem or Set

question 129

Multiple Choice

An informed guess or assumption about a certain problem or set of circumstances is known as

• A) a description of the situation.
• B) good research design.
• C) a hypothesis.
• D) a reliable guess.
• E) managerial intuition.

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Definitions:

One-way ANOVA

A statistical test that analyzes the differences among three or more group means by comparing within-group variance to between-group variance.

Normally Distributed

Describes a distribution of data where most values cluster around a central mean value, with the distribution tapering off symmetrically towards both extremes.

Weighted Average

An average whereby each quantity to be averaged is assigned a weight, reflecting its importance or frequency relative to other quantities.

Observations

Individual data points or measured values collected during an experiment or survey.