Part 1) Suppose the researchers collect data with the following summary statistics: Sample size Mean SD Control group 11 4.8 1.12 'Bad economy' group 12 4.99 1.11 Compute the test statistic for the two-sample t-test here, giving your answer to two decimal places. Part 2) The P-value (or p-value) of a test statistic is the probability of observing a value of the test statistic at least as inconsistent with the null hypothesis as the value observed, assuming the null hypothesis is true. Find the P-value of the test statistic you found above, giving your answer to three decimal places.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Give proper step by step explanation

Part 1)
Suppose the researchers collect data with the following summary statistics:
Sample size Mean
SD
Control group
11
4.8
1.12
'Bad economy' group
12
4.99
1.11
Compute the test statistic for the two-sample t-test here, giving your answer to two decimal places.
Part 2)
The P-value (or p-value) of a test statistic is the probability of observing a value of the test statistic at least as inconsistent with the null
hypothesis as the value observed, assuming the null hypothesis is true. Find the P-value of the test statistic you found above, giving your
answer to three decimal places.
Transcribed Image Text:Part 1) Suppose the researchers collect data with the following summary statistics: Sample size Mean SD Control group 11 4.8 1.12 'Bad economy' group 12 4.99 1.11 Compute the test statistic for the two-sample t-test here, giving your answer to two decimal places. Part 2) The P-value (or p-value) of a test statistic is the probability of observing a value of the test statistic at least as inconsistent with the null hypothesis as the value observed, assuming the null hypothesis is true. Find the P-value of the test statistic you found above, giving your answer to three decimal places.
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