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INTERPRETATIONS FOR ANOVA:

In 2017, where p-value is less than alpha i.e. 0.0026 is less than 0. 005.So, we can say that
there is significant difference in these variables over the companies. Where it shows (total
income, expenses), (operating profit, expenses) and (profit and loss, expenses) are not
significantly different with respect to the companies.
In 2018, where p-value is less than alpha i.e. 0.0026 is less than 0. 005.So, we can say that
there is significant difference in these variables over the companies. Where it shows (total
income, expenses), (operating profit, expenses), (operating profit, profit and loss) and (profit
and loss, expenses) are not significantly different with respect to the companies.
In 2019, where p-value is less than alpha i.e. 0.0015 is less than 0. 005.So, we can say that
there is significant difference in these variables over the companies. Where it shows (total
income, expenses), (operating profit, expenses), (operating profit, profit and loss) and (profit
and loss, expenses) are not significantly different with respect to the companies.
MANAGERIAL INTERPRETATIONS:
This analysis tool helps to compare the variables of several companies to fetch effective
results.
The stakeholders are suppliers, media, competitors, customers logistics and so on. This
analysis makes impact on them because company is accountable for them and even, they will
be responsible with the results of the company.
So, we conclude by stating that this is a effective method to know the whether there is a
significant difference or not in variables and which helps further in effective modelling.

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