An important part of using statistics is being able to explain your results to decision makers.Imagine that you haveconducted a two-sample test and determined that the difference was not statistically significant.While one mean was 4.3 and the other was 3.9, the p level for the t test was p=.07.Your management team says, "Well, the difference may not be statistically significant, but the difference is there!Discuss how you would respond and how you would explainthe purpose of the t test andsignificance in this case.

How would you apply the output from either a one-sample or two-sample test of hypothesis or Analysis of Variance (ANOVA) to solve a business problem?