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    Basic Business Statistics Study Set 3
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    Exam 11: Analysis of Variance
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    A Calculated Relative Efficiency Value of 1
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A Calculated Relative Efficiency Value of 1

Question 200

Question 200

True/False

A calculated relative efficiency value of 1.50 means it would take 1.50 times as many observations in a one-way ANOVA design as compared to those of a randomized block in order to have the same level of precision.

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