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Analysis of Variance

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In what business situations would it be appropriate to utilize a one-way ANOVA?

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Solution Summary

This discusses the Analysis of Variance

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Yes it can be used. A One-Way Analysis of Variance is a way to test the equality of three or more means at one time by using variances.
Assumptions

* The populations from which the samples were obtained must be normally or approximately normally distributed.
* The samples must be independent.
* The variances of the populations must be equal.

A One-way ANOVA uses just one independent variable. The ...

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