EFT Is the Use of Electronic Communication to Transfer Cash

question 48

True/False

EFT is the use of electronic communication to transfer cash from one party to another.

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Definitions:

ANCOVA

Analysis of Covariance, a blend of ANOVA and regression, used for statistical control of one or more quantitative variables that covary with the dependent variable.

Equalize Initial Differences

Refers to the process of adjusting for variations among participants or conditions at the start of an experiment to ensure that any observed effects are due to the experimental manipulation rather than pre-existing differences.

Group Differences

Disparities or variances between the means or proportions of two or more groups in a study, implying varying effects of treatments or conditions.

MANOVA

Multivariate Analysis of Variance, a statistical method used to compare the means of multiple dependent variables across multiple groups.