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two-way analysis of variance
two-way analysis of variance definition - business
two-way analysis of variance
A statistical analysis in which two independent variables, or factors, are examined with regard to their impact on a dependent variable and on one another. For example, a researcher might want to examine the effect of age and sex on productivity. The researcher would examine the effect of age on productivity, the effect of sex on productivity, and the effect of different combinations of age and sex on productivity.
The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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