Inferences About the Difference Between Two Means Fall into Two

question 16

Essay

Inferences about the difference between two means fall into two categories: thesamples are independent, or the samples are paired.
a) What considerations would lead you to use the techniques for independentsamples rather than those for paired samples?
You may use examples toillustrate your ideas, but examples alone are not sufficient.
b) How do the analyses of independent samples and paired samples differ?
In yourresponse, consider the hypotheses, methods, assumptions, and calculations.

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Definitions:

Quantities Demanded

The total amount of a good or service that consumers are willing and able to purchase at a particular price in a given market.

Substitute Products

Products that can serve as replacements for each other; when the price of one increases, the demand for the substitute is likely to increase.

Price

The charge in currency projected, demanded, or provided in recompense for something.

Purchased Amount

The total volume or quantity of goods or services bought.