Having Run a Simple Contrast with the Univariate Test, Interpret

question 22

Multiple Choice

Having run a simple contrast with the univariate test, interpret the following table and decide which of the following statements is most appropriate.

• A) There was a statistically significant result for visual learning when compared with kinaesthetic learning.
• B) There was a statistically significant result for auditory learning when compared with kinaesthetic learning.
• C) There were no statistically significant results identified.
• D) Both the visual and auditory learning styles were statistically significant when compared with kinaesthetic approach.

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Definitions:

Break-Even Point

The point at which total costs and total revenue are equal, resulting in no profit or loss.

Competitive Firm

is a business that operates in a market where it has to compete with other firms for customers and cannot influence market prices.

Economic Profit

The surplus obtained from total revenues minus both explicit (out-of-pocket) and implicit (opportunity) costs of all resources employed.

Competitive Firm

A company that operates in a market with many buyers and sellers, where no single entity can influence prices on its own.