Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. respond to the following in a minimum of 175 words

Respond to the following in a minimum of 175 words, please type response: An important part of...

50.1K

Verified Solution

Question

Basic Math

Respond to the following in a minimum of 175 words, please typeresponse:

An important part of using statistics is being able to explainyour results to decision makers. Imagine that you have conducted atwo-sample test and determined that the difference was notstatistically significant.   While one mean was 4.3and the other was 3.9, the p level for the t test was p=.07. Yourmanagement team says, “Well, the difference may not bestatistically significant, but the difference is there! Discuss howyou would respond and how you would explain the purpose of the ttest and significance in this case.

Answer & Explanation Solved by verified expert
4.2 Ratings (628 Votes)
AnswerIn 2 Samples t test1 Mean ofSample 1 432 Mean ofSample 2 39The difference 43 39 04Can be attributed to two reasons as followsReason 1 Difference due to statistical    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

General Management
1.2K views

would you describe Work values, e.g. CSR, and leadership in Tata Company? Even better is to...

Biology
1.2K views

Make sure you completely understand How the balance between intraspecific competition and interspecific competition leads...

Biology
1.2K views

8 This organelle contains chromatin fibers which form chromosomes carries the genetic instructions for the...

Biology
1.2K views

Which of the following could participate in anion binding?Asp and GluLys and ArgHisCys and SerLys,...

Basic Math
1.2K views

3 Find the sum 5 2x 1 8 4x 2

Basic Math
1.2K views

Given the graph above which statements best describe the graph As yooand as zx y00...

Algebra
1.2K views

Solve 5y 20y 10 0 Y enter DNE Round your answer to three decimal places...

Algebra
1.2K views

Evaluate x - y for the given replacement values.x = -2 and y=9x-y=

Accounting
1.2K views

Part B XYZ company, a successful retail seller of jade jewelery in a niche Nova...

Accounting
1.2K views

Why do the vast majority of firms use the perpetual method?

Accounting
1.2K views

Q11. Accounting....What is the role of an auditor in assessing the impact of economic and...

Accounting
1.2K views

The following transactions are for Cullumber Company. 1. On December 3, Cullumber Company sold $658,300...