Sarah Ann Designed,conducted,analyzed,wrote,and Published an Experiment

question 28

Multiple Choice

Sarah Ann designed,conducted,analyzed,wrote,and published an experiment.In the 2 x 4 ANOVA,the F value for Art Medium was ,indicating a significant difference in the Time it took to produce works of art using different media.The F value for Size of the art work was ,indicating a nonsignificant finding.The interaction also was nonsignificant.What was the dependent variable?

• A)Art Medium
• B)Time
• C)Size
• D)Quality

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Definitions:

CVP Income Statement

A financial report that shows the effects of varying levels of sales and product costs on a company's net income.

Gross Profit

The financial measure representing the difference between sales revenue and the cost of goods sold before deducting administrative and selling expenses.

CVP Analysis

Cost-Volume-Profit Analysis; a financial tool used to determine the impact on an organization's profits due to changes in volume, costs, and prices.

Fixed Cost Per Unit

The portion of fixed costs attributed to each unit of production, which stays constant regardless of the level of production or sales volume.