Anita
The TTEST function is a statistical test known as the t-test.
Put simply, it compares the means of two samples to assess whether they
differ significantly or not. The output is a probability value. In general a
value less than 0.05 would indicate that the two means are different.
For example, suppose you had two classes of schoolchildren, each of class
size 30. Suppose they all took the same test and received a mark out of 100.
A question may be to test whether the average (mean) mark for one class is
significantly different than the other class.
Class A ClassB
87 82
92 77
63 75
70 73
65 87
etc
In Excel you may have column A1 as class A results and column B1 as class B
results.
The mean of class A maybe 80 and the mean of class B maybe 75 ( I am making
these numbers up). So, does this suggest that the average results are
signifcantly different?
What you would do is...
TTEST([input range for classA],{input range for classB], 2,2)
And this will give a probability value e.g. 0.15. This means that the chance
of observing those results would occur about 15% by chance anyway. Typically,
a p-value of less than 0.05 (5%) is considered significant i.e. those results
would only be obtained by chance 5% of the time.
This is a very brief overview into a subject that has many nuances. This is
a light overview. If that satisfies your curiousity then fine...if not then
please do write back and I shall endeavour to explain further.
Regards
Alex
Anita said:
Hello
Can someone explain what this function does? I have to do a support call
for a customer and have never come across the Ttest function before. The
answer that I have in the cell containing the function has got E-15 after it
(which I don't understand either). I've also been asked how to calculate
probability. The version is 2000 - I can supply more detail if the above
isn't adequate.
Many thanks for your help.
Anita