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The Assumptions for a Related-Samples T Test Are the Same

question 61

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The assumptions for a related-samples t test are the same as those for the two-independent-sample t test.


Definitions:

Deposits In Transit

Funds that have been recorded by a company but not yet by its bank, typically because the deposit was made after the bank's cutoff time.

Balance Per Bank

The amount of money a company's records show in its bank account, often reconciled with the bank's records for accuracy.

Balance Per Books

The amount shown in a company's accounting records, as opposed to the actual cash balance or balance reported by a bank.

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