How do I know whether the variable of interest exhibit a statistical significant difference between the groups?
Anova: Single Factor |
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SUMMARY |
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Groups |
Count |
Sum |
Average |
Variance |
||
Column 1 |
22 |
1420318 |
64559.90909 |
83671674.28 |
||
Column 2 |
15 |
1295223 |
86348.2 |
72184280.89 |
||
Column 3 |
13 |
2145812 |
165062.4615 |
10933748061 |
||
ANOVA |
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Source of Variation |
SS |
df |
MS |
F |
P-value |
F crit |
Between Groups |
85073726515 |
2 |
42536863258 |
14.92269054 |
9.60024E-06 |
3.19505628 |
Within Groups |
1.33973E+11 |
47 |
2850482167 |
|||
Total |
2.19046E+11 |
49 |
we will check p value
here, p value = 9.60024*10^-06 = 0.00000960024
now let α=0.05 in general
So, if p value < α , then test is significant, otherwise not
here, p value=0.00000960024 <α = 0.05, So, There is a a statistical significant difference between the groups
please revert for doubts and UPVOTE the answer
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