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In the last video, we went up to producing the result of Two-Factor Anova, with the Excel Data Analysis Tool. Today, we'll discuss how to interpret the result of Anova and connect it to our action. The result of Anova has lot of numbers. Of course, it’s better to understand the meaning of all the numbers, but today, I'll give you the minimum information needed to use ANOVA in practice. Those are averages of your data groups and their P-values. In order to understand P-values, you have to understand the concept of 'Null Hypothesis'. This video explains the P-value and Null Hypothesis visually easy to understand manner. <<Anova Sample File for Study>> https://econoshift.com/wp-content/upl... <<Fun Statistics Studied at a Hamburger Shop Site (in Japanese)>> http://kogolab.chillout.jp/elearn/ham... (Process Improvement Methodology for Service Operations, PMP, Project Management, Lean Six Sigma, Japan, Six Sigma, Excel, VBA: Episode 119) <<Read this video's transcript in my blog.>> https://econoshift.com/en/anova-p-val... << Related Videos >> What's ANOVA? (Analysis of Variance Basics) 【Excel Data Analysis Tools】 Part 1: Get the results quickly • What's ANOVA? (Analysis of Variance Basics... Simple Regression Analysis Interpretation (Excel Data Analysis Tools)【Regression Analysis Series 2】 • Simple Regression Analysis Interpretation【... << About this Channel >> 'Learn world-class Kaizen and improve your work and yourself.' This channel is for people who love their jobs, and want to improve their work and themselves. << SUBSCRIBE: (Click the link below.) >> https://www.youtube.com/subscription_... << Video Upload Schedule >> A new video is uploaded bi-weekly at 7:30 am EST, Sundays. Please subscribe and share the journey together. << Let's Connect! >> Mike Negami's Blog Site: https://econoshift.com/en/ Free Excel Template Downloads: https://econoshift.com/en/free-downlo... Facebook Page: / econoshift