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In statistics, one-way analysis of variance (or one-way ANOVA) is a technique to compare whether two or more samples' means are significantly different (using the F distribution). This analysis of variance technique requires a numeric response variable "Y" and a single explanatory variable "X", hence "one-way". [1]
The parametric equivalent of the Kruskal–Wallis test is the one-way analysis of variance (ANOVA). A significant Kruskal–Wallis test indicates that at least one sample stochastically dominates one other sample. The test does not identify where this stochastic dominance occurs or for how many pairs of groups stochastic dominance obtains.
Analysis of variance (ANOVA) is a family of statistical methods used to compare the means of two or more groups by analyzing variance. Specifically, ANOVA compares the amount of variation between the group means to the amount of variation within each group.
The hypothesis that a data set in a regression analysis follows the simpler of two proposed linear models that are nested within each other. Multiple-comparison testing is conducted using needed data in already completed F-test, if F-test leads to rejection of null hypothesis and the factor under study has an impact on the dependent variable. [1]
A what if chart (Whif chart, WHIF analysis, etc.) is a visual tool for modeling the outcome of a combination of different factors.The table can represent actual results or predicted outcome based on combinations of parameters.
MFA treats all involved tables in the same way (symmetrical analysis). It may be seen as an extension of: Principal component analysis (PCA) when variables are quantitative, Multiple correspondence analysis (MCA) when variables are qualitative, Factor analysis of mixed data (FAMD) when the active variables belong to the two types.
Data analysis is the process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. [1] Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science ...
This can also be called what-if analysis or backsolving. It can either be attempted through trial and improvement or more logical means. Basic goal seeking functionality is built into most modern spreadsheet packages such as Microsoft Excel. According to O'Brien and Marakas, [1] optimization analysis is a more complex extension of goal-seeking ...