Using One-Factor ANOVA with 30 Observations,we Find at α =

question 52

Multiple Choice

Using one-factor ANOVA with 30 observations,we find at α = .05 that we cannot reject the null hypothesis of equal means.We increase the sample size from 30 observations to 60 observations and obtain the same value for the sample F-test statistic.Which is correct?

• A)We might now be able to reject the null hypothesis.
• B)We surely must reject H0 for 60 observations
• C)We cannot reject H0 since we obtained the same F-value.
• D)It is impossible to get the same F-value for n = 60 as for n = 30.

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Definitions:

IAS 34

International Accounting Standard 34, which deals with interim financial reporting, providing guidance on financial statements prepared for part of the year.

Loss Carryforward

A tax provision that allows a company to use its current year's losses to reduce future taxable income.

IFRS

International Financial Reporting Standards are a set of accounting standards developed by the International Accounting Standards Board that are becoming the global standard for the preparation of public company financial statements.

Interim Financial Statements

Financial reports prepared and presented for periods shorter than a fiscal year, such as quarterly or half-yearly, to provide timely information to decision-makers.