What Does ANOVA Stand For?
ANOVA stands for ANalysis Of VAriance
ANOVA, or Analysis Of Variance, is a statistical method used to determine if there are significant differences between the means of three or more independent groups. By analyzing the variance within and between groups, ANOVA helps to assess whether any observed differences are due to true effects or random variation. It is widely used in various fields, including psychology, biology, and business, to evaluate experimental data and inform decision-making.
Added on 14th April 2008 | Last edited on 17th June 2025 | Edit Acronym