Question

In: Statistics and Probability

Test whether profit for Massive Dynamic increased across the two time periods. You are not told...

Test whether profit for Massive Dynamic increased across the two time periods. You are not told anything about the population variances. Highlight the numbers that help you test the null hypothesis. In the text box below, explain whether once company has outperformed the other based on the evidence you provided in the last four spreadsheets. You need to reference the numbers you highlighted in your analysis. If you are concise, this should only take a few sentences. Note that I have not provided an α, so your analaysis should include a discussion about significance levels.

Massive Dynamic
1999-2001 2017-2019
$ 12,541,670.00 $ 12,691,796.00
$ 12,599,974.00 $ 12,791,509.00
$ 12,580,740.00 $ 12,545,205.00
$ 12,562,499.00 $ 13,000,366.00
$ 12,536,897.00 $ 13,299,434.00
$ 12,549,939.00 $ 13,120,443.00
$ 12,609,762.00 $ 12,613,030.00
$ 12,592,993.00 $ 12,480,269.00
$ 12,590,347.00 $ 13,110,196.00
$ 12,591,582.00 $ 13,170,295.00
$ 12,567,813.00 $ 13,167,244.00
$ 12,532,945.00 $ 13,072,151.00

Please show how to do in Excel, thank you!

Solutions

Expert Solution

t test is applied to test the difference of means from two samples


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