Intro to Business Statistics

study guides for every class

that actually explain what's on your next test

F ratio

from class:

Intro to Business Statistics

Definition

The F-ratio is a statistical measure used to compare variances between groups in an ANOVA test. It is the ratio of the variance between group means to the variance within the groups.

5 Must Know Facts For Your Next Test

  1. The F-ratio is calculated as $\frac{MS_b}{MS_w}$, where $MS_b$ is the mean square between groups and $MS_w$ is the mean square within groups.
  2. A high F-ratio indicates that the group means are significantly different from each other.
  3. The F-ratio follows an F-distribution under the null hypothesis.
  4. Degrees of freedom for the numerator (between groups) and denominator (within groups) are required to determine the critical value from F-distribution tables.
  5. The F-ratio is used in One-Way ANOVA to test if there are any significant differences among group means.

Review Questions

  • How do you calculate the F-ratio?
  • What does a high F-ratio indicate about group means?
  • What distribution does the F-ratio follow under the null hypothesis?
ยฉ 2024 Fiveable Inc. All rights reserved.
APยฎ and SATยฎ are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
Glossary
Guides