In: Statistics and Probability
Explain why you think the variable is a good way to explain the differences you see in the dependent variable. Then, use the independent sample t-test to analyze
whether the variable of interest exhibit a statistical significant difference between the two groups.
t-Test: Two-Sample Assuming Unequal Variances |
||
Variable 1 |
Variable 2 |
|
Mean |
83264.18182 |
108197.8929 |
Variance |
548267073.5 |
7402724432 |
Observations |
22 |
28 |
Hypothesized Mean Difference |
0 |
|
df |
32 |
|
t Stat |
-1.465917462 |
|
P(T<=t) one-tail |
0.076214534 |
|
t Critical one-tail |
1.693888748 |
|
P(T<=t) two-tail |
0.152429067 |
|
t Critical two-tail |
2.036933343 |