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When Testing for Differences of Means, the T-Statistic T = YˉmYˉwSE(YˉmYˉw)\frac { \bar { Y } m - \bar { Y } w } { S E ( \bar { Y } m - \overline { \bar { Y } w } ) }

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When testing for differences of means, the t-statistic t = YˉmYˉwSE(YˉmYˉw) \frac { \bar { Y } m - \bar { Y } w } { S E ( \bar { Y } m - \overline { \bar { Y } w } ) } , where SE[YˉmYˉW) =sm2nm+sw2nwS E \left[ \bar { Y } _ { m } - \bar { Y } _ { W } \right) = \sqrt { \frac { s _ { m } ^ { 2 } } { n _ { m } } + \frac { s _ { w } ^ { 2 } } { n _ { w } } } has

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Definitions:

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution, aiming to provide an accurate description of the entire data set.

Median

The middle value in a data set, which divides the set into two equal halves, with an equal number of data points above and below it.

Mode

The value that appears most frequently in a data set. A mode can be used as a measure of central tendency, especially for categorical data.

Histogram

A type of graph that represents the distribution of numerical data by showing the number of data points that fall into various ranges or bins.

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