The most significant statistic in Excel’s ANOVA table

The most significant statistic in Excel’s ANOVA table is Significance F. This is the p-value for the overall significance of the F-test. This test checks if your model with all independent variables sufficiently explains the variability of the dependent variable when compared to a model without independent variables. If the test result is statistically significant, it shows that your model is reliable.

 

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Our total F-test p-value is 8.93783E-12. It is represented in scientific notation since it is a minimal value. The E-12 specifies that the decimal point should be moved 12 places to the left. This number is less than any tolerable degree of significance. As a result, we may infer that our regression model is statistically significant as its whole.

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