In portfolio analysis, the ________ is the reciprocal of the return to risk ratio.
The _______ (larger/smaller) the value of the Variance Inflationary Factor, the higher is
the collinearity of the X variables.
TABLE 11-11
A student team in a business statistics course designed an experiment to investigate
whether the brand of bubblegum used affected the size of bubbles they could blow. To
reduce the person-to-person variability, the students decided to use a randomized block
design using themselves as blocks.
Four brands of bubblegum were tested. A student chewed two pieces of a brand of gum
and then blew a bubble, attempting to make it as big as possible. Another student
measured the diameter of the bubble at its biggest point. The following table gives the
diameters of the bubbles (in inches) for the 16 observations.
Referring to Table 11-11, what are the degrees of freedom of the randomized block F
test for the difference in the means at a level of significance of 0.01?