Can you help me with some easy explanations on the following two items found in real world examples? I am having hard time expressing how I would use ANOVA & Regression in real world examples.Please note I do not need actual data samples, only how to explain the two questions below in easy terms.
*How would I define ANOVA in the real world or every day life? What type of situation would I use ANOVA?
*Regression - what type of situation would I be able to understand how to use regression as a key driver as an influence in sales or other outcomes?