Statistics for Managers Using Microsoft Excel: Chapter 11 Analysis of Variance

0.0(0)
studied byStudied by 0 people
0.0(0)
full-widthCall Kai
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
GameKnowt Play
Card Sorting

1/64

flashcard set

Earn XP

Description and Tags

A series of vocabulary flashcards based on Chapter 11: Analysis of Variance from the Statistics for Managers Using Microsoft Excel lecture notes.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

65 Terms

1
New cards

Analysis of Variance (ANOVA)

A statistical method used to test differences between two or more group means.

2
New cards

Completely Randomized Design

An experimental design where subjects are randomly allocated to different groups.

3
New cards

One-Way ANOVA

A statistical test used to determine if there are significant differences between the means of three or more independent groups.

4
New cards

F-test

A statistical test that determines the ratio of variance between groups to the variance within groups.

5
New cards

Tukey-Kramer

A post-hoc test used after ANOVA to find which specific group means are different.

6
New cards

Levene Test

A statistical test used to assess the equality of variances across groups.

7
New cards

Dependent variable

The outcome variable that is being measured in an experiment.

8
New cards

Independent variable

A variable that is manipulated in an experiment to observe its effect on the dependent variable.

9
New cards

Null hypothesis

A statement that proposes no significant difference exists among specified populations.

10
New cards

Alternative hypothesis

A statement that proposes a significant difference exists among specified populations.

11
New cards

Factorial Design

An experimental design that involves two or more factors.

12
New cards

Interaction effect

When the effect of one independent variable on the dependent variable changes depending on the level of another independent variable.

13
New cards

Multiple comparisons

Post-hoc analyses performed to determine which means differ following ANOVA.

14
New cards

Homogeneity of variance

The assumption that different samples have the same variance.

15
New cards

Random sampling

The selection of samples from a population in such a way that every individual has an equal chance of being selected.

16
New cards

Normal distribution

A probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence.

17
New cards

Degrees of freedom

The number of independent values or quantities that can be assigned to a statistical distribution.

18
New cards

Mean square

The average of the squares of the deviations from the mean in a data set.

19
New cards

Sum of squares (SS)

A measure of variation used in statistical modeling.

20
New cards

Total Sum of Squares (SST)

The total variation in the data.

21
New cards

Sum of Squares Among Groups (SSA)

The variation due to differences between group means.

22
New cards

Sum of Squares Within Groups (SSW)

The variation within each group.

23
New cards

F statistic

The ratio of explained variance to unexplained variance in ANOVA.

24
New cards

Significance level

The probability of rejecting the null hypothesis when it is actually true, typically set at 0.05.

25
New cards

Assumptions of ANOVA

Conditions that must be met for the results of ANOVA to be considered valid.

26
New cards

Kruskal-Wallis test

A non-parametric method for testing whether samples originate from the same distribution.

27
New cards

Post-hoc test

Tests conducted after ANOVA to determine which means are different.

28
New cards

Cell means plot

A graphical representation of means for different groups in a factorial design.

29
New cards

Statistically significant

An observed effect or relationship that is unlikely to be due to chance.

30
New cards

Interaction plot

A graphical representation used to visualize the interaction between two factors.

31
New cards

Two-Way ANOVA

An extension of One-Way ANOVA that evaluates the influence of two different categorical independent variables on one dependent variable.

32
New cards

Main effect

The direct effect of an independent variable on the dependent variable.

33
New cards

Replication

Repetition of experiments to verify results.

34
New cards

Independent random samples

Samples selected such that the selection of one does not affect the selection of another.

35
New cards

Experimental design

The plan for a controlled experiment, including how to collect data.

36
New cards

Null hypothesis for One-Way ANOVA

All population means are equal.

37
New cards

Alternate hypothesis for One-Way ANOVA

At least one population mean is different from the others.

38
New cards

Assumption of equal variances

All groups in the ANOVA have the same variance.

39
New cards

Critical range

The range used to determine whether the differences between means are statistically significant.

40
New cards

Confidence interval

A range of values that is likely to contain the population parameter with a specified level of confidence.

41
New cards

Interaction effect significance

Determines if the effect of one factor depends on the level of another factor.

42
New cards

Interaction variation

The variability in the dependent variable that is explained by the interaction between factors in a two-way ANOVA.

43
New cards

Estimation of variance

The process of using data to calculate the variation of a population.

44
New cards

Residuals

The differences between observed values and predicted values from a statistical model.

45
New cards

Type I error

The incorrect rejection of a true null hypothesis.

46
New cards

Type II error

The failure to reject a false null hypothesis.

47
New cards

Tukey's HSD

A test for comparing the means of multiple groups following ANOVA.

48
New cards

Scatter plot

A graph that displays values for typically two variables for a set of data.

49
New cards

Variance

A measure of how far a set of numbers are spread out from their average value.

50
New cards

Normality assumption

The assumption that the data follows a normal distribution when using ANOVA.

51
New cards

Significance test

A statistical test to determine if there is enough evidence to support a specific hypothesis.

52
New cards

Statistical power

The probability of correctly rejecting the null hypothesis when it is false.

53
New cards

Non-parallel line segments

Indicates significant interaction effects in a graphical representation.

54
New cards

Boxplot

A graphical representation of data that shows the distribution, central tendency, and variability.

55
New cards

One-way ANOVA example

Example comparing means of different groups to determine if they are significantly different.

56
New cards

Experimental units

The smallest division of experimental material where the treatment is applied.

57
New cards

F test for interaction effect

Used to determine if the interaction between two factors is statistically significant.

58
New cards

ANOVA output

The results produced from performing an ANOVA analysis, including F values and p-values.

59
New cards

Effect size

A quantitative measure of the magnitude of the experimental effect.

60
New cards

Response variable

The variable that is measured in an experiment and is expected to change as a result of changes in the independent variable.

61
New cards

Influence of factors

The impact that specific factors have on the dependent variable under study.

62
New cards

Cell means

The means calculated for each cell (combination) of factors in a factorial design.

63
New cards

Statistical software

Computer programs used for statistical analysis.

64
New cards

Data transformation

The process of converting data into a different format or structure to meet assumptions.

65
New cards

ANOVA assumptions

Conditions that must be fulfilled in order to perform an ANOVA correctly.