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When Testing for a Difference Between the Means of a Treated

question 28

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When testing for a difference between the means of a treated population and an untreated population,the computer display below is obtained.Explain what the P-value of 0.0768 means in this context. When testing for a difference between the means of a treated population and an untreated population,the computer display below is obtained.Explain what the P-value of 0.0768 means in this context.


Definitions:

Cash

Cash in the form of coins or paper money, ready for trading or banking activities.

Beginning Balance

The amount of money or value of an account at the start of a new accounting period.

Ending Balance

The final amount in an account at the end of a reporting period, after all additions and subtractions have been accounted for.

Revenue Account

An account that records the income earned by a company from its business activities.

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