To determine the interactive effect of independent variables on the dependent variable, we administer Analysis of Variance (ANOVA). particularly in the case of a factorial design. Is there any other parametric test that can serve the same purpose?
Factorial anova is a special case of ordinary least squares regression. 1) There is an analogous procedure you could use with other regression approaches, like a generalized linear model like Poisson regression or Gamma regression. 2) There are other regression techniques like quartile regression. 3) There are non-parametric approaches like aligned ranks transformation that will result in analogous results. 4) There are other ways to estimate the coefficients for a general linear model. Robust techniques. Bootstrap or re-sampling.
We can determine the interactive effect of independent variables on the dependent variable through multiple regression analysis as well
In a regression equation, an interaction effect is represented as the product of two or more independent variables. For example, here is a typical regression equation without an interaction:
ŷ = b0 + b1X1 + b2X2
where ŷ is the predicted value of a dependent variable, X1 and X2 are independent variables, and b0, b1, and b2 are regression coefficients.
And here is the same regression equation with an interaction:
ŷ = b0 + b1X1 + b2X2 + b3X1X2
Here, b3 is a regression coefficient, and X1X2 is the interaction. The interaction between X1 and X2 is called a two-way interaction, because it is the interaction between two independent variables. Higher-order interactions are possible, as illustrated by the three-way interaction in the following equation: