StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

ANOVA and Least Squares - Speech or Presentation Example

Cite this document
Summary
The author of this paper will make an earnest attempt to ANOVA which stands for Analysis of Variance. This analysis compares a pair of datasets to examine whether or not there a significant difference between the pair of datasets under investigation…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.6% of users find it useful
ANOVA and Least Squares
Read Text Preview

Extract of sample "ANOVA and Least Squares"

MSS stands for the mean sum of squares, which is nothing but the sum of squares (of the difference between individual data points and the mean) divided by the degree of freedom. For a chosen value of the degree of significance and degree of freedom; there is a critical value of F-statistics that determines whether or not there is a significant difference between the two groups of data. 

In the present study, the given dataset was divided into two groups of the dataset by taking the first eight data points in group one and the remaining seven data points in group two. The values were inserted in two columns of the MS Office Excel worksheet. A single factor ANOVA was performed using MS Office Excel at significance level a = 0.05. The summary output of the analysis is presented in Table 1. From this analysis, it can be seen that the value of F-statistics for this pair of datasets is 0.832622 while the value of F-critical (for a = 0.05 and df = 13) is 4.667186 i.e. F-statistics is much smaller than F-critical. Therefore, it can be concluded that there is no significant difference between the two datasets.

Table 1: Output of Single Factor ANOVA (Analysis of Variance) using MS Office Excel

ANOVA: Single Factor

 

 

 

 

 

 

 

 

 

 

 

 

SUMMARY

 

 

 

 

 

Groups

Count

Sum

Average

Variance

 

 

Column 1

8

332

41.5

136

 

 

Column 2

7

328

46.85714

120.1429

 

 

 

 

 

 

 

 

 

ANOVA

 

 

 

 

 

 

Source of Variation

SS

df

MS

F

P-value

F crit

Between Groups

107.1429

1

107.1429

0.832622

0.378127

4.667186

Within Groups

1672.857

13

128.6813

 

 

 

 

 

 

 

 

 

 

Total

1780

14

 

 

 

 

 

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(ANOVA and Least Squares Example | Topics and Free Essays, n.d.)
ANOVA and Least Squares Example | Topics and Free Essays. https://studentshare.org/statistics/1894843-anova-least-squares
(ANOVA and Least Squares Example | Topics and Free Essays)
ANOVA and Least Squares Example | Topics and Free Essays. https://studentshare.org/statistics/1894843-anova-least-squares.
“ANOVA and Least Squares Example | Topics and Free Essays”. https://studentshare.org/statistics/1894843-anova-least-squares.
  • Cited: 0 times

CHECK THESE SAMPLES OF ANOVA and Least Squares

RELEVENT ECONOMETRIC OUTPUTS FROM EVIEWS

Table 1: Results of OLS regression, problem 1 Dependent Variable: REVENUE Method: least squares Date: 09/29/11 Time: 13:10 Sample: 1 60 Included observations: 60 Coefficient Std.... The parameters to measure the impact of changes in levels of the variables while the parameters to measure the impact of changes in the squares of the variables.... We test the joint significances of the variables first in levels (table 2) and then in squares (table 3)....
8 Pages (2000 words) Assignment

Quantitative Techniques ( use Eviews and Excel )

) Table 1 Dependent Variable: I Method: least squares Date: 12/31/11 Time: 13:16 Sample (adjusted): 1990Q2 2010Q3 Included observations: 82 after adjustments Coefficient Std.... ) Table 1 Dependent Variable: I Method: least squares Date: 12/31/11 Time: 13:16 Sample (adjusted): 1990Q2 2010Q3 Included observations: 82 after adjustments Coefficient Std.... Table 4 Dependent Variable: I Method: least squares Date: 12/31/11 Time: 13:27 Sample (adjusted): 1990Q2 2010Q3 Included observations: 82 after adjustments Coefficient Std....
6 Pages (1500 words) Essay

Effective Interfirm Collaboration

Predictors: (Constant), X4, X1, X2, X3 ANOVAa Model Sum of squares df Mean Square F Sig.... 05 implying that there is enough evidence that the dependent variable (PF1), has some statistical relationships with at least one of the four predictors.... Marketing [University] [Instructor Name] Introduction There are different factors that determine the failure of success of a company....
5 Pages (1250 words) Essay

Theoretical Econometric Analysis

The assumptions made by the classical linear regression model are not necessary to estimate ordinary least squares because when estimating ordinary least squares the objective is to minimize the squared deviations from the linear regression line.... The first two assumptions which state that (1) the model is linear and (2) that the random error term is zero are therefore not considered in computing the ordinary least squares....
2 Pages (500 words) Essay

Determinants of Capital Structure

The financial indicators, which have been used for the purpose of conducting the analysis, contributes significantly towards ensuring the financial stability of a company and helps… The following table includes the descriptive statistics of different financial parameters. The database that has been used for this empirical analysis and calculation has been retrieved from Data Stream....
12 Pages (3000 words) Essay

Statistic

Lifestyle… An anova analysis was done with lifestyle as the dependent variable and social life as the independent variable.... anova analysis was done to determine if lifestyle and social life were statistically significant and if Lifestyle on Satisfaction of social life Affiliation H0: The hypothesis derived from the two variables is that there is difference between lifestyle on satisfaction and social life.... 54)An anova analysis was done with lifestyle as the dependent variable and social life as the independent variable....
2 Pages (500 words) Research Paper

The Regression Output

The regression output looks like Dependent Variable: TB3MS Method: least squares Date: 09/17/12 Time: 15:24 Sample: 2002M01 2010M01 Included observations: 97 Variable Coefficient Std.... TB3MS Method: least squares Date: 09/17/12 Time: 15:28 Sample: 2002M01 2010M01 Included observations: 97 Convergence achieved after 5 iterations Variable Coefficient Std....
1 Pages (250 words) Assignment

Quantitative Technics in Business

The assignment "Quantitative Technics in Business" focuses on the student's analysis of quantitative techniques applied in a business environment.... nbsp;The above graph shows the scatter diagram of years along with the X-axis vs.... RSF(%), ROCE(%), and RTA (%) as variables given along with the Y-axis....
10 Pages (2500 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us