Question

In: Statistics and Probability

Explain why you think the variable is a good way to explain the differences you see...

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

Solutions

Expert Solution



Related Solutions

Give an example of a monopoly. Explain why you think it is bad and/or good for...
Give an example of a monopoly. Explain why you think it is bad and/or good for the consumers.
Explain the differences between fee for service and pay for performance? Include why you think some...
Explain the differences between fee for service and pay for performance? Include why you think some health providers resistant to one or the other? (b) Who stands to benefit from pay for performance approaches in health service delivery? Explain your position.  
please answer the question in 300 words Do you think markets are a good way to...
please answer the question in 300 words Do you think markets are a good way to organize economic activity?Provide two real- world situations where government intervention in a market economy might improve the economy’s performance.
What differences if any do you think exist in the way that a professional hotelier would...
What differences if any do you think exist in the way that a professional hotelier would manager an American owned hotel in the United States or a European or Asian owned hotel in the United States? What are differences in the way governments in other countries affect the management and operation of hotels in those countries?
Do you think our two-party system is good or would you like to see a multi-party...
Do you think our two-party system is good or would you like to see a multi-party system? What are the advantages and disadvantages of each system?
Explain why you cannot see through silicon
Explain why you cannot see through silicon
Discuss whether you think precious metals are a good investment or not and why?
Discuss whether you think precious metals are a good investment or not and why?
why do you think gender and ethnicity differences for hypertension exist
why do you think gender and ethnicity differences for hypertension exist
why the refractive index is a good way to analyze the liquid?
why the refractive index is a good way to analyze the liquid?
Explain the major differences between analyzing a one-way ANOVA versus a two-factor ANOVA, and explain why...
Explain the major differences between analyzing a one-way ANOVA versus a two-factor ANOVA, and explain why factorial designs with two or more independent variables (or factors) can become very difficult to interpret.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT