QUESTION 8 The following table summarizes the results of a t-test for difference
ID: 380083 • Letter: Q
Question
QUESTION 8
The following table summarizes the results of a t-test for differences.
Table 5: t-Test - Severance Amount (Alpha 0.05)
Male
Female
Mean
79,654
65,432
Variance
0.35
0.21
Observations
100
150
t Stat
1.77
P(T<=t) two-tail
0.09
t Critical two-tail
2.08
Q8. What hypothesis is being tested in Table 4? Interpret the results of the t test.
Table 5: t-Test - Severance Amount (Alpha 0.05)
Male
Female
Mean
79,654
65,432
Variance
0.35
0.21
Observations
100
150
t Stat
1.77
P(T<=t) two-tail
0.09
t Critical two-tail
2.08
Explanation / Answer
Hypothesis being tested is difference of severance amount of Male and Female.
Null hypothesis is that there is no significance difference between the severance amount of Male and Female.
t-stat (1.77) is less than critical two-tail (2.08)
Therefore, null hypothesis is rejejected and we can conclude that the population mean of severance amount of Male and Female are not equal
H0: 1 = 2 Ha: 1 2Related Questions
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