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OPSM 1

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8 views

OPSM 1

Uploaded by

aryansingh7982
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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A B

20 21
22 23
20 19
14 15

Variance 12
11.6666667
t-Test: Two-Sample Assuming Unequal Variances

Variable 1 Variable 2
Mean 19 19.5
Variance 12 11.6666667
Observations 4 4
Hypothesized Mean Difference 0
df 6
t Stat -0.20555661
P(T<=t) one-tail 0.42196704
t Critical one-tail 1.94318028
P(T<=t) two-tail 0.84393407
t Critical two-tail 2.44691185

1 there is only minor variance between the two group because the difference b
2 The average for variable 1 is slightly lower than that for variable 2
3 The p-values are above common significance levels like 0.05, leading to rejec
4 the absolute t-statistic of -0.2055 falls below the critical value underscoring t
5 The null hypothesis cannot be rejected due to the p-value of 0.844 in a two-t
wo group because the difference between the means is small at 0.5
than that for variable 2
ce levels like 0.05, leading to rejecting the null hypothesis
ow the critical value underscoring the lack of statistical significance in the difference
e to the p-value of 0.844 in a two-tailed test, which significantly exceeds the α level of 0.05 and indicates that there is no signifi
d indicates that there is no significant difference between the means of Variables 1 and 2.
z-Test: Two Sample for Means

Variable 1 Variable 2
Mean 19 19.5
Known Variance 12 11.67
Observations 4 4
Hypothesized Mean Difference 0.5
z -0.41108428
P(Z<=z) one-tail 0.34050537
z Critical one-tail 1.64485363
P(Z<=z) two-tail 0.68101074
z Critical two-tail 1.95996398

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