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Suppose that you are using a 9-point rating scale to compare men who have an annual income over $50,000 (Group 1) with men who have an annual income less than or equal to $50,000 (Group 2) with regard to their assessment of a new product.There are forty men in Group 1 and they have a mean of 7 and a standard deviation of 2.5,while the 35 men in Group 2 have a mean of 5 and a standard deviation of 1.4.What is the approximate value of t using the t-test?
Whig Party
A political party active in the middle of the 19th century in the United States, primarily opposing the policies of Andrew Jackson and the Democrats.
Democratic Party
One of the two major political parties in the United States, historically associated with progressive and liberal policies.
Jackson's Re-Election
The successful bid for a second term as President by Andrew Jackson in 1832, demonstrating the strength of Jacksonian democracy.
Second Bank of the United States
A financial institution chartered by the U.S. Congress in 1816, following the War of 1812, to manage the national economy but was met with opposition and eventually ceased operations in 1836.
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