Question

IS THE T-TEST CORRECT FOR THIS DATA? IS THERE A SIGNIFICANT DIFFERENCE?

C А в 1 College Degree High School Degree (Only) $120,000 $54,000 $150,000 $35,000 $90,000 $38,000 $115,000 $72,000 $180,000

t-Test: Two-Sample Assuming Unequal Variances College Degree 131233.3333 1795633333 30 High School Degree (Only) 60966.66667

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Answer #1

YES THE TEST IS CORRECT . TWO SAMPLE T TEST UNEQUAL VARIANCE .

HERE , PVALUE IS VERY LOW . IT IS LESS THAN LEVEL OF SIGNIFICANCE. HENCE WE REJECT THE NULL HYPOTHESIS.

HENCE, THERE IS STATISTICALLY SIGNIFICANT DIFFERENCE .

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