[See Steps] Using the t-distribution with the appropriate value for the degrees of freedom, show that the null hypothesis of equal mean profits in Q8 can
Question: Using the t-distribution with the appropriate value for the degrees of freedom, show that the null hypothesis of equal mean profits in Q8 can be rejected at the 10% significance level, but accepted at the 5% significance level. Without calculating its precise value, give an approximate estimate of the p-value for this hypothesis. What advice on future training of new sales staff would you give to the manager?
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T-test for One Population Mean - MathCracker.com