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  • Business Research Methods (BRM) : Session 13: Data Analysis Methods

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    animesh singh
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    This document summarizes statistical analysis methods covered in a business research methods session. It discusses the t-test family for comparing one or two sample means, including independent and paired two sample t-tests. It also discusses analysis of variance (ANOVA) for comparing three or more independent group means. Key aspects of ANOVA covered include how it partitions total variability into variability between and within groups, and how the F-ratio is calculated to test if group means are significantly different.

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    This document summarizes statistical analysis methods covered in a business research methods session. It discusses the t-test family for comparing one or two sample means, including independent and paired two sample t-tests. It also discusses analysis of variance (ANOVA) for comparing three or more independent group means. Key aspects of ANOVA covered include how it partitions total variability into variability between and within groups, and how the F-ratio is calculated to test if group means are significantly different.

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    6 views13 pages

    Business Research Methods (BRM) : Session 13: Data Analysis Methods

    Uploaded by

    animesh singh
    This document summarizes statistical analysis methods covered in a business research methods session. It discusses the t-test family for comparing one or two sample means, including independent and paired two sample t-tests. It also discusses analysis of variance (ANOVA) for comparing three or more independent group means. Key aspects of ANOVA covered include how it partitions total variability into variability between and within groups, and how the F-ratio is calculated to test if group means are significantly different.

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    © All Rights Reserved
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    of 13

    Business Research Methods (BRM)

    Session 13: Data Analysis Methods


    Previous Session

    T-test family

    One sample t-test Two sample t-test

    Independent Paired
    Standard

    x̄d
    t=
    Sd /sqrt(n)

    df = n - 1
    df = n - 1
    Previous Session
    T-test family

    One sample t-test


    Two sample t-test

    Independent Paired
    Standard
    t.test(Data$MF_WTP, t.test(Data$MF_WTP,
    Data$SC_WTP) Data$SC_WTP, paired
    t.test (Data$WTP, =TRUE)
    mu = 3100)
    ANOVA: Analysis of Variance
    Differences between means of three/more independent groups H 0 : µ1 = µ 2 = µ3
    Ha : µ1, µ2 and µ3 are not equal

    µ1 µ2 µ3
    ANOVA: Analysis of Variance

    Variability Ratio (F value):


    ANOVA: Analysis of Variance

    Variability Ratio (F value):


    ANOVA: Analysis of Variance

    SST (Sum of Square Total)

    SSB (Sum of Square Between) SSE (Sum of Square Error)


    ANOVA: Analysis of Variance

    SST
    (Sum of Square Total)

    SST = Variance Full Data * N-1


    ANOVA: Analysis of Variance

    SST (Sum of Square Total)

    SSB (Sum of Square Between) SSE (Sum of Square Error)

    SSB = Variance Between Group Means *


    (No of groups – 1) * n
    ANOVA: Analysis of Variance

    SST (Sum of Square Total)

    SSB (Sum of Square Between) SSE (Sum of Square Error)

    SSE = Variance within Column * (n-1)


    ANOVA: Analysis of Variance

    SST
    Variability Ratio (F value):

    SSB SSE

    Variability Ratio (F value): MSB

    MSE

    dfbetween = No. of groups -1

    dfwithin = Total no. of observations - No. of groups


    ANOVA: Analysis of Variance

    F-value =
    Thank You

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