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Assignment:
Let's revisit the last scenario (c) in Problem 1 above. That scenario compares the average weekly cost of out-of-home therapy versus in-home therapy for patients who suffered a stroke. The researchers used a different group of patients for each type of therapy.
Out-of-home therapy:
X1 = 200; N1 = 17; S1 = 2.45
In-home therapy:
X2 = 198; N2 = 17; S2 = 2.35
a. Is there a significant difference in average cost between the two types of therapy? Make your decision at the 5% level of significance.
b. What is the effect size in this test? Give a concrete interpretation.
c. What would be your decision at the 1% level of significance?. No hand written solution and no image.
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