Eroxl's Notes
t-Statistic

A t-statistic is a test statistic for the population mean used when the population standard deviation is unknown and the sample size is small.

Where:

  • - Sample mean. The average value of your observations.
  • ​ - Hypothesized population mean under the null hypothesis ​.
  • - Sample standard deviation. An estimate of the population standard deviation when it is unknown.
  • - Sample size (number of observations).