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What is the technique analysis of variance?

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Question added by Alaa Eddin Daoud Mahmoud Saleh , SUPERVISOR ACCOUNTANT , SAUDI PHARMACEUTICAL COMPANY LTD
Date Posted: 2015/06/23
KRISHNENDU DUTTA
by KRISHNENDU DUTTA , Senior Financial Accountant , MS ALLY ENTERPRISES

Analysis of Variance (ANOVA) is a statistical method used to test differences between two or more means. It may seem odd that the technique is called "Analysis of Variance" rather than "Analysis of Means." As you will see, the name is appropriate because inferences about means are made by analyzing variance.