ANOVA-Regression
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Can you help me with some easy explanations on the following two items found in real world examples? I am having hard time expressing how I would use ANOVA & Regression in real world examples.Please note I do not need actual data samples, only how to explain the two questions below in easy terms.
*How would I define ANOVA in the real world or every day life? What type of situation would I use ANOVA?
*Regression - what type of situation would I be able to understand how to use regression as a key driver as an influence in sales or other outcomes?
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Solution Summary
This posting contains answers to following questions on ANOVA and regression.
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