QNT 351 Week 5 Statistical Techniques in Business and Economics, Ch. 11: Two-Sample Tests of Hypothesis

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QNT 351 Week 5 Statistical Techniques in Business and Economics, Ch. 11: Two-Sample Tests of Hypothesis
QNT 351 Week 5 Statistical Techniques in Business and Economics, Ch. 11: Two-Sample Tests of Hypothesis
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QNT 351 Week 5 Statistical Techniques in Business and Economics, Ch. 11: Two-Sample Tests of Hypothesis

Read pages 349-378 in Ch. 11 of Statistical Techniques in Business and Economics. 

Consider the following as you read:

  • Observe how closely related the one-sample hypothesis testing and two-sample hypothesis testing processes are.

  • Think of some real-world examples on where two-sample hypothesis testing can be used.

  • Also, see how the central limit theorem is useful in that the sample size of 30 or more makes the distribution normal, which is a requirement for hypothesis testing.