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Three boys were leaving Wal-Mart when they were stopped by plain clothes security officers.One officer said,"Those shirts that you have on were stolen." One boy said,"You can't be serious." The officer responded,"Yes,I am.Come with me." The boys then went with the officers to a side door and into an office.The boys' parents have filed suit against Wal-Mart.Discuss what their suit might be for and what defenses Wal-Mart has.
Significance Level
A threshold in hypothesis testing that determines whether an observed effect is statistically significant.
T-statistic
The T-statistic is a type of test statistic used to determine if there is a significant difference between the means of two groups, which may or may not have the same variances.
Significance Level
A precisely rephrased term for the threshold of probability at which we accept or reject the null hypothesis in statistical testing.
T-statistic
A type of statistic used in hypothesis testing, calculated by dividing the difference between the sample mean and the hypothesized population mean by the standard error of the mean.
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