Question

d. Interpret the results of your t-test from #3b… Can we reject the null hypothesis? Is...

d. Interpret the results of your t-test from #3b… Can we reject the null hypothesis? Is it safe to say that the mean Average Daily Sales for Location Type A and for Location Type B are the same, based on this data? Please Interpret the data and if the hypothesis can be rejected?

t-Test: Two-Sample Assuming Equal Variances
Variable 1 Variable 2
Mean 472.0135 549.6954372
Variance 133320.6 123688.0235
Observations 2 2
Pooled Variance 128504.3
Hypothesized Mean Difference 0
df 2
t Stat -0.2167
P(T<=t) one-tail 0.424268
t Critical one-tail 2.919986
P(T<=t) two-tail 0.848537
t Critical two-tail 4.302653

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