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I need help with hypothesis testing and excel
I need help with hypothesis testing and excel

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... We see that both bounds are negative numbers indicating that they do not encompass zero, therefore the hypothesis that there is no difference between the two samples is not supported by the data; we reject the null hypothesis in favor of the alternative, at the a = 0.05 level. The fact that both bou ...
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... Since 0.7 < 1.64, we do not reject the null hypothesis significantly at a = 0.05 and conclude they should not adopt plastic 1. ii) P-value approach: P-value = P(Z > 0.7) = 0.242 > a (= 0.05 ) Since the p-value < a , we do not reject the null hypothesis significantly at a = 0.05 and conclude they sh ...
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Student's t-test

A t-test is any statistical hypothesis test in which the test statistic follows a Student's t-distribution if the null hypothesis is supported. It can be used to determine if two sets of data are significantly different from each other, and is most commonly applied when the test statistic would follow a normal distribution if the value of a scaling term in the test statistic were known. When the scaling term is unknown and is replaced by an estimate based on the data, the test statistic (under certain conditions) follows a Student's t distribution.
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