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Purpose In this application, you will compare the average GDP growth in two different countries. You will use the t - test for the difference
Purpose In this application, you will compare the average GDP growth in two different countries. You will use the ttest for the difference between two means to do the analysis.Each student will be given individual country to work on i have Germany That county GDP will be compared to the one in the USData will be collected from the World Bank website. Suppose the country assigned to you is Germany, then you should test the hypothesis that the average GDP growth in the US and in Germany is different. Use alphaCollecting the dataThe data are collected from the World Bank website. Open the file that contains the data for all countries. You should select the data for the countries assigned to you. You put the data in Excel file. Then you use Excel to conduct the ttest.Project format:The project must be typed in Microsoft Office Word.On the first page you put your name, the class name and the section. Next, you write the purpose of your study. Then you name the two countries that you are studyingOn the next page, from Excel, you paste the data and the Excel results.Then you do the steps we did in class Setting the hypotheses, The critical values the test value are in Excel
results Draw your conclusion.
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