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Independent T-Test

Rhoda Okunev

Chapter Chapter 9 in Analytics for Retail, 2022, pp 107-114 from Springer

Abstract: Abstract Chapter 7 introduced the idea of thinking through a business question and building a hypothesis test around that query, and it elucidated on the five steps to run a statistical inquiry. This chapter shows how to implement those five steps using the statistical test referred to as the independent t-test or the student’s t-test. Again, a small dataset is used for demonstration purposes only to show how to use the independent t-test and understand its purpose. You’ll want to use a larger dataset in real-life situations.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-1-4842-7830-7_9

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DOI: 10.1007/978-1-4842-7830-7_9

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