Collected data of ten years for recovery(%) of four channels of recovery for recovery from NPAs of banks. Want to know if I can use ANOVA to test my hypotheses relating to recovery(%) of any two channels or all four channels.
Yes, of course. you can use ANOVA
Yes, so as to know whether there are associated relationships
Yes. You can analyse the data for recovery of four channels within the bank as well as between the banks by the technique of ANOVA.
Thank you @yusuf Ja'afar, @Najimu Ayinde Nafiu and @Dr Bhavin S Patel for your answers. Really appreciate it.
You can use ANOVA to compare the three-group ratio.
but more logical is to use the regression for co-dependency.
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