The Assumption of Homogeneity of Variance Is Met When

question 21

Multiple Choice

The assumption of homogeneity of variance is met when

• A) The variance in one group is twice as big as that of a different group.
• B) Variances in different groups are approximately equal.
• C) The variance across groups is proportional to the means of those groups.
• D) The variance is the same as the interquartile range.

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Definitions:

Total Sales

The aggregate revenue received from selling goods or services over a given period of time.

Complement

A good or service that is used together with another, where the use or consumption of one increases the value or demand of the other.

Inter-relatedness

The condition or fact of being connected and having reciprocal effects or influences among components or variables.

Demand

The willingness and ability of consumers to purchase a particular quantity of goods or services at a given price and time.