Anova is an abbreviation of Analysis of Variance. With Anova, by comparing and analyzing the means of multiple data groups, you can identify if there is significant difference among the data groups. You would use T-Test for the similar purpose, but you can use it with only two data groups. If you have more than two data groups, you can use Anova. This video explains the basics of Anova and differences between Single Factor Anova and Two-Factor Anova and demonstrate the Two-Factor Anova using Excel's Data Analysis tools step by step.
(Process Improvement Methodology for Service Operations, PMP, Project Management, Lean Six Sigma, Japan, Six Sigma, Excel, VBA: Episode 118)
＜＜Read this video's transcript in my blog.＞＞
econoshift.com/en/anova-basic...
＜＜ Related Videos ＞＞
How to interpret the result of the Two Factor Anova, Part 2: P Value
• How to interpret the r...
How to use the T-test and F-test in a real world【Excel Function】
• How to use the T test ...
Simple Regression Analysis by Scatter Plot in Excel【Regression Analysis Series 1】
• Simple Regression Anal...
＜＜ About this Channel ＞＞
'Learn world-class Kaizen and improve your work and yourself.'
This channel is for people who love their jobs, and want to improve their work and themselves.
＜＜ SUBSCRIBE: (Click the link below.) ＞＞
kzread.info_...
＜＜ Video Upload Schedule ＞＞
A new video is uploaded bi-weekly at 7:30 am EST, Sundays. Please subscribe and share the journey together.
＜＜ Let's Connect! ＞＞
Mike Negami's Blog Site: econoshift.com/en/
Free Excel Template Downloads: econoshift.com/ja/free-downlo...
Facebook Page: / econoshift