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What is ANOVA?The acronymANOVArefers toanalysis of varianceand is a statistical procedure used to test the degree to which two or more groups vary or differ in an experiment.A statistical analysis tool that separates the total variability found within a data set into two components: random and systematic factors.

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What is Goodness of Fit?Used in statistics and statistical modelling to compare an anticipated frequency to an actual frequency. Goodness-of-fit tests are often used in business decision making.

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