Intro to Probability for Business
Tukey's HSD (Honestly Significant Difference) is a statistical test used to determine if there are significant differences between the means of multiple groups after conducting an ANOVA. It helps identify which specific group means are different from one another while controlling for the type I error rate that can occur when making multiple comparisons. This test is particularly valuable in the context of analyzing data where you have more than two groups and want to pinpoint where the differences lie.
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