The P-Value Associated with the F-Statistic for the Interaction Effect

question 58

Multiple Choice

The P-value associated with the F-statistic for the interaction effect is 0.180. Based on this we can conclude that

• A) There is a significant interaction effect.
• B) There is an interaction effect.
• C) The significance of the interaction effect will not affect the interpretation of the main effects on fibre content due to milling and bleaching.
• D) There is a significant interaction effect, and it is not appropriate to interpret the main effects on fibre content due to milling and bleaching separately.
• E) There is not a significant interaction effect, and it is appropriate to interpret the main effects on fibre content due to milling and bleaching separately.

---

Definitions:

Variable Costs

Expenses that change in proportion to the activity of a business, such as costs for raw materials or production labor.

Fixed Costs

Costs that remain constant regardless of the amount of goods produced or sold, like lease payments or employee wages.

Net Income

The amount of profit left after all operating expenses, taxes, and costs have been subtracted from total revenue.

Variable Costs

Expenses that fluctuate with the level of output or sales, such as raw materials and direct labor.