Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Independent t-test would be appropriate for a study comparing the credit scores of 20 students who have taken a financial literacy course in the

The Independent t-test would be appropriate for a study comparing the credit scores of 20 students who have taken a financial literacy course in the last year against a group of 20 students who did not take a financial literacy course.

I failed to reject the null hypothesis in assignment 11. My obtained value was .518, which was smaller than the critical value of 2.049

My decision to accept the null hypothesis would not change with a one-tailed test because the critical value of 1.701 would still be larger than the obtained value of the t-test.

Questions:

1. Is the independent samples t-test the appropriate test for their study example?If yes, state why, using examples to support your agreement or if no, state why not, using examples to support your disagreement.

2. Is your group member's decision to reject or not reject the null hypothesis correct?Explain why or why not.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Convex Optimization

Authors: Stephen Boyd, Lieven Vandenberghe

1st Edition

1107299527, 9781107299528

More Books

Students also viewed these Mathematics questions

Question

Tell me what you know about our organization and the position.

Answered: 1 week ago

Question

2. What types of information are we collecting?

Answered: 1 week ago

Question

5. How quickly can we manage to collect the information?

Answered: 1 week ago

Question

3. Tactical/strategic information.

Answered: 1 week ago