Skip to Main Content
Business Statistics, Second Edition
book

Business Statistics, Second Edition

by J. K. Sharma
November 2006
Intermediate to advanced content levelIntermediate to advanced
744 pages
29h 18m
English
Pearson India
Content preview from Business Statistics, Second Edition

Chapter 12

Analysis of Variance

LEARNING OBJECTIVES

After studying this chapter, you should be able to

  • understand how ‘analysis of variance’(ANOVA) can be used to test for the equality of three or more population means.

  • understand and use the terms like ‘response variable’, ‘a factor’ and ‘a treatment’ in the analysis of variance.

  • learn how to summarize F-ratio in the form of an ANOVA table.

There is no merit in equality unless it be equality with best.

—John Spalding

12.1 INTRODUCTION

In Chapter 10 we introduced hypothesis testing procedures to test the significance of differences between two sample means to understand whether the means of two populations are equal based upon two independent random samples. In all these cases the null ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Statistics for Business

Statistics for Business

Derek Waller
Statistics for Finance

Statistics for Finance

Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen

Publisher Resources

ISBN: 9789332503434