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Microsoft Excel Data Analysis and Business Modeling (Office 2021 and Microsoft 365), 7th Edition
book

Microsoft Excel Data Analysis and Business Modeling (Office 2021 and Microsoft 365), 7th Edition

by Wayne Winston
December 2021
Beginner to intermediate
1168 pages
30h 17m
English
Microsoft Press
Content preview from Microsoft Excel Data Analysis and Business Modeling (Office 2021 and Microsoft 365), 7th Edition

Chapter 54

Analysis of variance: One-way ANOVA

Questions answered in this chapter:

  • The owner of my company, which publishes computer books, wants to know whether the position of our books in the computer book section of bookstores influences sales. More specifically, he wants to know if it really matters whether the books are placed in the front, back, or middle of the computer-book section.

  • If I am determining whether populations have significantly different means, why is the technique called analysis of variance?

  • How can I use the results of a one-way ANOVA for forecasting?

Data analysts often have data about several different groups of people or items and want to determine whether this data differs significantly from group to group. Here ...

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Publisher Resources

ISBN: 9780137613816