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Statistical Analysis: Microsoft Excel 2016 by Conrad Carlberg

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9Testing Differences Between Means: The Basics

One typical use of inferential statistics is to test the likelihood that the difference between the means of two groups is due to chance. Several situations call for this sort of analysis, but they each use the approach that’s usually termed the t-test.

You’ll find as many reasons to run t-tests as you have outcomes to contrast. For example, in different disciplines you might want to make these comparisons:

Business—The mean profit margins of two product lines

Medicine—The effects of different cardiovascular exercise ...

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