In R, the t.test() function is used to perform a t-test, which compares the means of two independent groups (samples) to determine if there is a statistically significant difference between them. The t.test() function is versatile and can perform both one-sample and two-sample t-tests. It also provides useful outputs, such as p-values and confidence intervals, to evaluate hypothesis tests for means. Why Other Options Are Wrong : B) anova() : ANOVA is used for comparing the means of more than two groups, not two independent samples. C) lm() : The lm() function is used for linear modeling (regression), not hypothesis testing of means. D) cor.test() : This function is used to test the correlation between two variables, not for comparing sample means. E) chisq.test() : The Chi-squared test is used for categorical data and tests the relationship between observed and expected frequencies, not for comparing means.
The data about sales and advertisement expenditure of a firm is given below
Suppose the wedding dress industry is a perfectly competitive constant cost industry. Suppose also that market demand for wedding dresses is described b...
____ in reserve requirements ____ the money supply since it causes the money multiplier to ____.
lumpsum tax is levied on the monopolist, the burden will be borne by
If bxy = 0.20 and rxy = 0.50, then byx is equal to:
Which of the following is NOT one of the four priorities on which the budget proposal of 2022-23 rests?
Which of the follow statements about price discrimination is not true?
Which of the following four-firm concentration ratios is most consistent with perfect competition?
What is the Cash Reserve Ratio (CRR)?
Which of the following statements is (in general) true?