How to Calculate T Value in T-Test
To calculate T-value in T-Test, we can use the following steps:
Step 1: To perform a T-test, two hypotheses namely the null hypothesis and the alternative hypothesis are defined which have different meanings for different types of T-tests.
Step 2: And, a value for the level of significance is defined which signifies the probability of making a Type I error, which implies the rejection of the null hypothesis while it is actually true. Commonly used values of level of significance are 0.05 (5%) and 0.01 (1%).
Step 3: A higher significance level, such as α = 0.05, provides a higher tolerance for Type I errors, meaning that it is more likely to reject the null hypothesis even when it is true.
Step 4: On the other hand, a lower significance level, such as α = 0.01, reduces the risk of Type I errors but it may increase the chances of accepting the null hypothesis when it is actually false, resulting in a Type II error.
T-Test in Statistics: Formula, Types and Steps
T-Test is a method used in statistics to determine if there is a significant difference between the means of two groups and how they are related. In T-Test statistics, the sample data is a subset of the two groups that we use to draw conclusions about the groups as a whole.
For example, if we want to know the average weight of mangoes grown on a farm, the population would consist of all the mangoes that grew on the farm. However, it would be time-consuming to weigh each mango. Instead, we could take a sample of mangoes from trees at different locations on the farm and use their weights to make inferences about the average weight of all the mangoes grown on the farm.
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