A variance occurs when expenses such as revenue or labor are either more or less than what the company anticipated and budgeted for. Hospitality businesses such as hotels and restaurants can ...

New to this type of analysis? It's a classic statistics technique that is still useful. Here's a technique for doing a one-way ANOVA using R. Analysis of variance (ANOVA) is a classical statistics ...

The level and power of the usual F-test for the r-way layout in analysis of variance (ANOVA) are vitiated when the assumption of equality of error variances is ...

Facilities that focus on manufacturing and production track two kinds of costs: fixed costs and variable costs. The variable costs are those that change when production levels change: raw materials, ...

MANOVA is a statistical test that extends the scope of the more commonly used ANOVA, that allows differences between three or more independent groups of explanatory (independent or predictor) ...

Meta-analysis is a commonly used approach to increase the sample size for genome-wide association searches when individual studies are otherwise underpowered. Here, we present a meta-analysis ...