Question: For items 1 to 4, select the best statistical analysis technique for the following research topics. Be very precise about your statistical choice. For example, there are several types of t-tests, correlations, and ANOVA tests. Make sure you specify exactly which statistical analysis technique you would use, e.g. One-Way Anova. Note the following abbreviations: IV = independent variable and DV = dependent variable.

You want to study regional differences (IV) in household savings (DV measured in dollars.) You randomly select samples of households in the North, East, South, and West.