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JJ just used an Independent groups t-test to analyze his data for his Master's degree and found that the t-value or his calculated t was equal to 3.05 based on his degrees of freedom of 60.The table t was 1.671 and he set his alpha level at .05 directional.Can he reject the null hypothesis and conclude the groups are significantly different.
Private Consumptions
Expenditure by households and non-profit institutions serving households on goods and services used for individual consumption.
Total Amount
The aggregate sum of all units or quantities in consideration.
Pareto Optimal
A state of allocation of resources from which it is impossible to reallocate without making at least one individual worse off.
Public Goods
Goods or services that are non-excludable and non-rivalrous, meaning they are available to all and not diminished by use.
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