Detail the steps in computing the One-Way Anova with a brief
discussion specific to the important...
Detail the steps in computing the One-Way Anova with a brief
discussion specific to the important aspects of each step.
Solutions
Expert Solution
One way anova used to compare means of two or more samples using
F distribution.
Step 1. Set up hypothesis to be tested
Step 2. Select appropriate test statistics
Here test statistics is F for anova .
Step 3. Setup decision rule using p value in the anova table .
Discuss the applications of ANOVA (One-Way ANOVA, Two-Way ANOVA)
and regression techniques in the context of e-commerce firms like
Amazon, Flipkart etc.