Why Is Levene's Test a Useful Test for Factorial ANOVA

question 17

Multiple Choice

Why is Levene's test a useful test for factorial ANOVA?

• A) It looks to see if there are any significant differences within group variables.
• B) It looks to see if there are any significant differences within group variances.
• C) It looks to see if there are any significant differences between group variances.
• D) None of the above.

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Definitions:

Retained Earnings

The portion of a company's profits that is kept or retained for reinvestment in the business or to pay debt, rather than distributed to shareholders.

Payment

The act of giving or transferring money or monetary value in exchange for goods, services, or to fulfill a legal obligation.

Shares

Units of ownership interest in a corporation or financial asset, providing an entitlement to a portion of the profit.

Preemptive Rights

Rights that allow existing shareholders in a corporation the first chance to buy new shares before the public, to maintain their proportionate ownership.