Advanced Quantitative Methods
Homogeneity of variance refers to the assumption that different groups in a statistical test have similar variances or spread in their data. This concept is crucial because many statistical tests, particularly parametric ones, rely on this assumption to ensure that results are valid and reliable. When this assumption is met, it supports the integrity of comparisons made between groups, influencing the interpretation of various analyses, such as comparisons among group means or in more complex models.
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