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The annual dividend rates for a random sample of 16 companies in three different industries, utilities, banking, and insurance were recorded. The ANOVA comparing the mean annual dividend rate among three industries rejected the null hypothesis that the dividend rates were equal. The Mean Square Error (MSE) was 3.36. The following table summarized the results: Based on the comparison between the mean annual dividend rate for companies in utilities and banking, the 95% confidence interval shows an interval of 1.28 to 6.28 for the difference. This result indicates that _____________________.
Psychological Test
A standardized measure of a sample of behavior used to assess psychological constructs such as cognitive abilities, personality traits, or emotional states.
Consistency
The quality of always behaving or performing in a similar way, or of always producing the same results.
Validity
The extent to which a test or instrument measures what it claims to measure.
Core Concepts
Fundamental ideas or principles that are the building blocks in any field of study or knowledge.
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