Briefly explain to a non-statistician why ANOVA (which is a test of means) is called analysis...

70.2K

Verified Solution

Question

Basic Math

Briefly explain to a non-statistician why ANOVA (which is a testof means) is called analysis of variance rather than analysis ofmeans? what variances do we compare in anova?

Answer & Explanation Solved by verified expert

4.1 Ratings (591 Votes)

Because while it compares means it analyzes variances We might be interested in testing the sample means using hypothesis testing where a specific statement is generated about a population parametermeans and sample statistics are used to assess the likelihood that the hypothesis is true The hypothesis is based on available information and the investigators belief about the population parameters The specific See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

Briefly explain to a non-statistician why ANOVA (which is a test of means) is called analysis...

70.2K

Verified Solution

Question

Basic Math

Briefly explain to a non-statistician why ANOVA (which is a testof means) is called analysis of variance rather than analysis ofmeans? what variances do we compare in anova?

Answer & Explanation Solved by verified expert

Get Answers to Unlimited Questions

Membership Benefits:

Other questions asked by students

Which of the following will increase plant growth?carbon dioxide levels above normalbelow normal water levelsdepleted...

Choose the correct in-text citation format when the author's name is mentioned within the text.(217)(Charles...

According to behavioral finance markets are always O informationally inefficient informationally efficient O semi strong...

In order to be accepted into a top university, applicants must score within the top...

Which of the following is NOT a common judgement tendency? A availability tendency B confirmation...

Refundable tax credits include the a foreign tax credit tax credit for rehabilitation expenses

Sales-Related and Purchase-Related Transactions Using Perpetual Inventory System The following were selected from among the...

Identify each of the following as increasing (+) or decreasing (-) cash flows from operating...

Employers never make deductions from employees' wages for Multiple Choice Canada Pension Plan...

At December 31,2025, Blossom Corporation had a deferred tax liability of $319,600, resulting from future...

2. The security market line is defined as The slope of a line relating...

a = a = 2. (30 Points) Consider a Black-Scholes model, where the continuously compounded...