A t-test is a statistical hypothesis test used to determine if there is a significant difference between the means of two groups. It is particularly useful when dealing with small sample sizes or when the population standard deviation is unknown.
The formula for the t-statistic in a two-sample t-test is:
\[t = \frac{\bar{x_1} - \bar{x_2}}{\sqrt{\frac{s_1^2}{n_1} + \frac{s_2^2}{n_2}}}\]
Where:
Let's calculate for two groups:
Group 1: 5, 20, 40, 80, 100
Group 2: 1, 29, 46, 78, 99
This scatter plot represents both data sets. Red points and dashed line represent the first group, green represents the second group. The closeness of the mean lines illustrates the small t-value, indicating little difference between the groups.
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