A Research Analyst Has Asked for More Information About MANOVA

question 5

Multiple Choice

A research analyst has asked for more information about MANOVA. What is not a requirement or recommendation she should consider when using the test?

• A) Larger sample sizes than ANOVA are needed.
• B) The sample in each cell must be greater than the number of dependent variables included.
• C) Dependent variables should be continuous.
• D) Dependent variables should be correlated.

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Definitions:

Invoice

The bill that the seller sends to the buyer.

Gross Profit

The financial metric that indicates the difference between revenue and the cost of goods sold (COGS), revealing how much a company earns from its core business activities.

Selling Expenses

Costs incurred directly in the selling of goods and services, such as salaries of sales staff, advertising, and store display.

Cost of Merchandise Sold

The total expense incurred to purchase or produce the goods that have been sold during a particular period.