Anova and non-parametric testing

Reference no: EM13108261

1. How should Analysis of Variance be used to make strategic decisions in a dynamic, competitive business environment? In what situations could your organization use Analysis of Variance? What are some examples that you are familiar with, or where ANOVA might be used by other businesses?

2. Select two non-parametric tests utilized in business decision making? Give an example of each test with an appropriate business situation.

Reference no: EM13108261

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