_____ Is a Statistical Test That Allows Researchers to Simultaneously

question 115

Multiple Choice

_____ is a statistical test that allows researchers to simultaneously test how two separate nominal or categorical independent variables influence the dependent variable and how those independent variables interact to influence the dependent variable.

• A) A two-analysis of variance
• B) A one-way analysis of variance
• C) A repeated-measures analysis of variance
• D) A chi-square test for independence

---

Definitions:

Base Year

A specific year against which economic growth is measured, serving as a standard point of comparison for real economic calculations such as GDP.

Consumer Price Index

An index that measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.

Annual Rate

A way of expressing interest rates or growth rates on an annual basis, allowing for easier comparison across different time periods or financial products.

Inflation

The pace at which prices for general goods and services escalate, causing a decline in buying power.