Which of the Following Is a Reason Why It Can

question 48

Multiple Choice

Which of the following is a reason why it can be necessary to include two factors in the same statistical design?

• A) you want to observe two groups in the same statistical design
• B) you want to analyze the main effects of a factor
• C) your hypothesis may require that you observe two factors
• D) you want to minimize the number of participants observed in your study

---

Definitions:

Marginal Profit

Marginal profit is the additional profit gained from producing or selling one more unit of a good or service.

Perfectly Competitive Market

A market structure characterized by many buyers and sellers, all producing a homogenous product, with no single entity able to influence the market price.

Marginal Revenue

The extra income a company earns by selling an additional unit of a product or service.

Slope

The measure of the steepness or/incline of a line, representing the ratio of the vertical change to the horizontal change between two points on the line.