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  |