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Complete Statistic Transcript: simplify online document editing with pdfFiller

Since PDF is the most widely used file format used in business operations, the best PDF editor is a necessity.

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Enter the t-statistic, degrees of freedom, and significance level into the t-test function on a graphing calculator to determine the P-value. If you are working with a two-tailed T-Test, double the P-value. Interpret the results. Compare the P-value to the significance level stated earlier.
The t-value measures the size of the difference relative to the variation in your sample data. Put another way, T is simply the calculated difference represented in units of standard error. The greater the magnitude of T, the greater the evidence against the null hypothesis.
In statistics, the t-statistic is the ratio of the departure of the estimated value of a parameter from its hypothesized value to its standard error. For example, it is used in estimating the population mean from a sampling distribution of sample means if the population standard deviation is unknown.
The t statistic is the coefficient divided by its standard error. It can be thought of as a measure of the precision with which the regression coefficient is measured. If a coefficient is large compared to its standard error, then it is probably different from 0.
Interpret the results. Compare the P-value to the significance level stated earlier. If it is less than, reject the null hypothesis. If the result is greater than, fail to reject the null hypothesis.
The t-value measures the size of the difference relative to the variation in your sample data. Put another way, T is simply the calculated difference represented in units of standard error. The greater the magnitude of T, the greater the evidence against the null hypothesis.
The basic format for reporting the result of a t-test is the same in each case (the color red means you substitute in the appropriate value from your study): t(degrees of freedom) = the t statistic, p = p value. It's the context you provide when reporting the result that tells the reader which type of t-test was used.
Your high t-statistic, which translates into a low p-value, simply says that something very unlikely has happened if your coefficients are zero in reality. That's what the high t statistic means here.

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