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What is power anyway?

Some of the wording around power can be quite confusing. For example, the power of a two-sample t-test is:

The probability of rejecting the null in favor of the alternative, assuming there is indeed a difference in population means between the two groups.

That's quite a mouthful!

Imagine you are analyzing a marketing campaign and want to infer if it increases customer spending. You conduct a two-sample t-test (customers exposed to the campaign versus customers not exposed) to compare the mean dollar amounts spent for each group.

Este exercício faz parte do curso

Foundations of Inference in Python

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