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The No.2 weekly report on Euronext and BRVM financial markets
As usual, in this weekly review of June 09, 2024, we will examine the top-performing and underperforming stocks on the Euronext and BRVM (Bourse Régionale des Valeurs Mobilières) financial markets.
DAB502 LAB3 Angad Singh_0754972
DAB502 LAB3
By Angad Singh
ST : 0754972
T-test and ANOVA
T-tests compare the means of two groups to determine if there’s a significant difference between them. This is a great tool for marketing since you can easily determine if two groups have differences in behavior or when testing two prototypes for a new website design etc.
Similarly, Analysis of Variance (ANOVA) compares the means of three or more groups instead of two. This is particularly useful when you simply have more than two things to test! For instance, you run 3 different promotions and you want to see which promotion drove higher sales.
These are both useful in A/B tests.