In an Independent-Measures ANOVA, Individual Differences Contribute to the Variance

question 34

Multiple Choice

In an independent-measures ANOVA, individual differences contribute to the variance in the numerator and in the denominator of the F-ratio.For a repeated-measures ANOVA, what happens to the individual differences in the numerator of the F-ratio.

• A)They do not exist because the same individuals participate in all of the treatments.
• B)They are measured and subtracted out in the second stage of the analysis.
• C)Individual differences contribute to the variance in the numerator.
• D)None of the other options accurately describes individual differences in the numerator.

---

Definitions:

Constant Unit Cost

Constant unit cost occurs when the cost to produce each additional unit of a product remains the same, regardless of the level of production.

Inverse Demand Function

A function that reflects the relationship between the price of a good and the quantity demanded, solving for price as a function of quantity.

Stackelberg Leader

An economic model of strategic interaction between firms in which one firm (the leader) moves first and the others (followers) adapt, leading to a determined outcome based on the leader's decision.

Total Cost Function

The sum of all costs associated with the production of goods or services, including both fixed and variable costs, as a function of output level.