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Explain the reason for the word variance in the phrase analysis of variance.

Short Answer

Expert verified

Variance is just a statistical method for separating identified variance data into various elements for further analysis.

Step by step solution

01

Concept Introduction

ANOVA splits noted accumulated variability within a set of data into two components: systematic factors and random factors.

02

Explanation 

ANOVA stands for analysis of variance. It computes the difference in means between more than two groups. The means comparison procedure examines the variation in the sample data. It is a statistical method for separating observed variance data into different components for further testing.

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Most popular questions from this chapter

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