What is the Paired Sample T Test and How is it Beneficial to Business Analysis?
Smarten
JUNE 29, 2018
For example, a business might use this technique to understand whether there was a difference in manager salaries before and after undertaking a PhD program. At 95% confidence level (5% chance of error): As p-value = 0.041 which is less than 0.05, there is a statistically significant difference between means of pre and post sample values.
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