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Biz And Eng

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Running Header: T-TEST 1 Name Institutional Affiliation Date T-TEST 2 Table 1: Two-Sample T-test For Private and Public Business Major regarding Cost Mean Private Public 211118.8 (𝑢1 ) 98685 (𝑢2 ) P-value 0.000 Our null and alternative hypotheses are as below; 𝐻0 : 𝑢1 − 𝑢2 = 0 𝐻1 : 𝑢1 − 𝑢2 ≠ 0 From table 1, in the two-sample t-test analysis, we have a p-value of 0.000 which is less than 0.1, we will, therefore, reject the null hypothesis and conclude that there is sufficient evidence to show that the mean difference in the cost between private and public schools are different. Table 2: Two-Sample T-test For Private and Public Business Major regarding 30 Year ROI Private Mean P-value Public 1485125 (𝑢1 ) 1448500 (𝑢2 ) 0.5186 Our null and alternative hypotheses are as below; 𝐻0 : 𝑢1 − 𝑢2 = 0 𝐻1 : 𝑢1 − 𝑢2 ≠ 0 T-TEST 3 From table 2, in the two-sample t-test analysis, we have a p-value of 0.5186 which is higher than 0.1, we will, therefore, fail to reject the null hypothesis and conclude that there is no sufficient evidence to show that the mean difference in the thirty year ROI between private and public schools are different. Table 3: Two-Sample T-test For Private and Public Business Major regarding Annual ROI Mean P-value Private Public 0.0733125 (𝑢1 ) 0.0977500 (𝑢2 ) 0.000 Our null and alternative hypotheses are as below; 𝐻0 : 𝑢1 − 𝑢2 = 0 𝐻1 : 𝑢1 − 𝑢2 ≠ 0 From ...
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