Minitab t test
read more and bring about a bell-curved graph. This distribution has two key parameters: the mean (µ) and the standard deviation (σ) which plays a key role in assets return calculation and in risk management strategy.
#MINITAB T TEST HOW TO#
You are free to use this image on your website, templates etc, Please provide us with an attribution link How to Provide Attribution? Article Link to be Hyperlinked The rejection of the null hypothesis indicates that the data set is quite accurate and not by chance. On the basis of equated formulas, values are drawn and compared with the standard values, which further leads to the acceptance or rejection of the null hypothesis.
read more where both the means are stated to be equal. So, even if a sample is taken from the population, the result received from the study of the sample will come the same as the assumption.
A T-Test is a method used to derive an inference in statistics, which is aimed to find out if there is any major difference between two means wherein the two groups considered may be related to each other.