STATISTICAL TECHNIQUES AND TOOLS
ANALYSIS OF VARIANCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following statistical concepts is used to test differences in the means for more than two independent populations?
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Multiple t tests
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Analysis of variance
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Confidence Interval
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Regression Analysis
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Explanation:
Detailed explanation-1: -The one-way ANOVA is used to determine whether there are any statistically significant differences between the means of three or more independent (unrelated) groups.
Detailed explanation-2: -ANOVA (Analysis of Variance) analyzes the difference between the means of more than two groups. One-way ANOVAs determine how one factor impacts another, whereas two-way analyses compare samples with different variables.
Detailed explanation-3: -Analysis of variance (ANOVA) is a statistical technique used to check if the means of two or more groups are significantly different from each other. ANOVA checks the impact of one or more factors by comparing the means of different samples.
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