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Exhibit 13

question 79

Multiple Choice

Exhibit 13.9 Psychology students want to determine if there are differences between the ability of business majors and science majors to solve various types of analytic problems.They conduct an experiment and record the amount of time it takes to complete each analytic problem.The following two-way ANOVA table summarizes their findings. Refer to Exhibit 13.9.The number of different analytic problems the students solved is:

Definitions:

Earned Revenues

Income a company has generated for goods delivered or services provided, recognized when earned, not necessarily when received.

Incurred Expenses

Expenses that have been recognized in the accounting period when they are incurred, regardless of when the payment is made.

Profit Margin

A financial metric that shows the percentage of a company's revenue that remains as profit after accounting for costs and expenses.

Net Income

The remaining earnings of a company following the deduction of all expenses and taxes from its total revenues.