MGMT 305 Exam 1 Questions And
Answers 2024
What is a factor? - Answers:A variable selected for investigation.
What is a treatment? - Answers:A level (value) of a factor.
What is a response variable? (performance) - Answers:A dependent variable affected by the
factor.
What are experimental units? - Answers:The objects of interest in the experiment.
What is a completely randomized design? - Answers:An experimental design where treatments
are randomly assigned to units.
What is One-way Analysis of Variance (ANOVA)? - Answers:A statistical test to compare
means of multiple populations.
What are the hypotheses in ANOVA? - Answers:H0: U1=U2=U3=...=Uk
Ha: Not all population means are equal.
What does it mean if H0 is rejected? - Answers:Not all population means are equal.
What does rejecting H0 imply? - Answers:At least two population means have different values.
What are the two types of variation? - Answers:Between-treatments and within-treatments
variation.
What is between-treatments variation? - Answers:Variation due to different treatments.
Answers 2024
What is a factor? - Answers:A variable selected for investigation.
What is a treatment? - Answers:A level (value) of a factor.
What is a response variable? (performance) - Answers:A dependent variable affected by the
factor.
What are experimental units? - Answers:The objects of interest in the experiment.
What is a completely randomized design? - Answers:An experimental design where treatments
are randomly assigned to units.
What is One-way Analysis of Variance (ANOVA)? - Answers:A statistical test to compare
means of multiple populations.
What are the hypotheses in ANOVA? - Answers:H0: U1=U2=U3=...=Uk
Ha: Not all population means are equal.
What does it mean if H0 is rejected? - Answers:Not all population means are equal.
What does rejecting H0 imply? - Answers:At least two population means have different values.
What are the two types of variation? - Answers:Between-treatments and within-treatments
variation.
What is between-treatments variation? - Answers:Variation due to different treatments.