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You Are Evaluating Investing in a Cognitive Training Company

question 24

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You are evaluating investing in a cognitive training company.For this reason,you want to determine whether users who complete at least 75% of the recommended daily training for two months show improved levels of reading comprehension and problem solving skills.You select a random sample of new users and get test scores for each participant in the sample.The test score is a composite of reading comprehension and problem solving skills.Two months later,you randomly select 15 users who have completed 75% or more of the recommended training for the last two months and have them take a test similar to the initial test.You are interested in determining whether the average test score before training is different than the average test score after training for this sample.The after-training average is 92.8,which is 2.7 points higher than the before-training average.The sample standard deviations of the differences is 1.2.You can assume that the differences are normally distributed in the population.The observed t value for this test is ______.


Definitions:

Trade Restrictions

Measures such as tariffs, quotas, and embargoes that governments use to control the amount of trade across their borders.

Free Trade

Free trade is a policy of minimal restrictions on the international exchange of goods and services, allowing goods to move freely across borders.

Partially Valid

Refers to something being correct or effective only to a certain extent or in specific circumstances.

Economic Argument

a reasoned discourse or debate that involves the analysis of economic principles, policies, or outcomes.

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