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i. If the computed value of F is 0.99 and the critical value is 3.89, we would not reject the null hypothesis. ii. When comparing two population variances we use the F distribution.
iii. A one way ANOVA is use to compare several treatment means.
Long-Range Forecasting
The process of predicting future events, trends, or behaviors over a lengthy time horizon, often several years.
Capital Expenditures
Investments in physical assets or improvements, including buildings, equipment, and technology, that will benefit a business in the long term.
Tracking Signal
A measurement of how well a forecast is predicting actual values.
Cumulative Error
The overall error that accumulates when multiple measurements or calculations are combined or sequenced in a process.
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