00:01
So now we're finding a hypothesis test for the difference for two means and assuming that they are equal or that their difference is zero and alternately that the first mean is smaller than the second meaning at a 5 % significance level.
00:14
So i've shown the calculation of our test statistic and it comes up to be quite low a negative 4 .393.
00:23
I'm going to use the conservative value of 31 degrees of freedom and that critical value is negative.
00:30
Of 1 .696 when i look at the table and put all 5 % of that air in the lower tail.
00:37
And we can see that test statistic is way down here.
00:41
So we would be rejecting the null and conclude that we do have evidence, sufficient evidence to say that mean one is less than mean two.
00:54
Now, to calculate a 95 % confidence interval, we have to use a different critical value because we need to have all the area split between two tails as opposed to all of the area being in the lower tail.
01:07
And so to calculate that confidence interval, we'll take that 94 .2 minus the 115 .2.
01:17
And again, i'm using the conservative value.
01:22
So my interval will be a little wider...