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efficiency variance, spending variance, production volume variance, variable and fixed components

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Algebra

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A polynomial of degree zero is a constant term

The grouping method of factoring can still be used when only some of the terms share a common factor A True B False

The sum or difference of p and q is the of the x-term in the trinomial

A number a power of a variable or a product of the two is a monomial while a polynomial is the of monomials

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Q: What are the variances in a 4 variance analysis?
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In an analysis of variance which is directly influenced by the size of the sample variances?

df within


In an analysis of variance is SS directly influenced by the size of the sample variances?

Yes it is.


What are adverse variances?

Adverse variances means unfavourable variance which is actual expenses are more than budgted variance.


Basic assumption in analysis of variance?

1- observations are from normally distributed populations. 2- observations are from populations with equal variances.


What is the F stat in regression analysis?

The F stat tests the equality of variances. It uses statistical tables for reference and is calculated with F = Variance 1 (max)/variance 2(min).


Why are variances generally segregated in terms of a price variance and an efficiency variance?

Efficiency Varian materials and direct labor, the variances were recorded in specific general ledger accounts.


What is the meaning of analysis of covariance?

A mix of linear regression and analysis of variance. analysis of covariance is responsible for intergroup variance when analysis of variance is performed.


What has the author Hardeo Sahai written?

Hardeo Sahai has written: 'Analysis of variance for random models' -- subject- s -: Analysis of variance 'The analysis of variance' -- subject- s -: Analysis of variance


What factors causes Budget Variance?

There are 7 variances associated with a budget ( which are generally calculated for controlling purposes) 1- Material Price variance 2- Material Quantity variance 3- Labor rate variance 4- Labor efficiency variance 5- Spending variance 6- Efficiency variance 7- Capacity variance


How do you calculate material price variances and what are the possible reasons for such variances?

Material Variance Cost Calculations: Standard (Budget) Price - Actual Price = Price Variance [Std (Budget) Price - Actual Price] / Std Price = Percent (%) Variance


Distinguish between analysis of variance and analysis of covariance?

) Distinguish clearly between analysis of variance and analysis of covariance.


Can additive variance have a negative value?

No. Variance is always positive and so the sum of variances must also be positive.

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