Dr Nick

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About Dr Nick

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Teaching Since: May 2017
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  • MBA (IT), PHD
    Kaplan University
    Apr-2009 - Mar-2014

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  • Professor
    University of Santo Tomas
    Aug-2006 - Present

Category > Numerical analysis Posted 13 Sep 2017 My Price 15.00

the mean of a population versus a standard,

 I NEED A POSITIVE COMMENTS BASED IN THIS ARGUMENT..BETWEEN 150-200 WORDS

A z-test is used for testing the mean of a population versus a standard, or comparing the means of two populations, with large (n ≥ 30) samples whether you know the population standard deviation or not.

Z-tests can also be helpful when we want to test a hypothesis. Generally, they are most useful when the standard deviation is known.

 T-tests are calculations used to test a hypothesis, but they are most useful when we need to determine if there is a statistically significant difference between two independent sample groups

T-tests are most appropriate when dealing with problems with a limited sample size (n < 30).

Both Z-tests and T-tests require data with a normal distribution, which means that the sample (or population) data is distributed evenly around the mean, just like in this figure:

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Dr Nick
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Status NEW Posted 13 Sep 2017 09:09 AM My Price 15.00

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