Thanks for all the responses guys. Johnny, I appreciate you explaining how
the grouping variable works. Just one follow up question, I understand if I
go to Compare Means -> Independent Test, then this will conduct a t-test to
compare means. My sample size is about 36, I believe if the sample size is
>30, a z test should be used. Any ideas if SPSS can do a Z-test too to
compare means?
To the posters who posted before, thanks for the suggestions. I would
normally do exactly what you guys recommended, but the circumstances are
different here. Someone else has already performed an analysis claiming that
there is a difference between the two means, that the <$1000 certificate
customers are more sensitive to interest rate changes than the >$1000
certificate customers. Since this is not an intuitive conclusion, I wanted
to run this test to see if the results are
significant.
Johnny Amora wrote:
>
> At 10:32 AM 5/8/2009, jimjohn wrote:
>>does anyone here know how to compute hypothesis tests/confidence intervals
>>for the difference between two means in SPSS? For example, I am comparing
>>the volume growth of my certificates with balance less than $1000 versus
the
>>volume growth with balances greater than $1000. I want to see if the
>>difference in the two means is statistically significant. Any ideas? I
don't
>>think comparing means does it because it has something about grouping and
>>factors. thanks!
>>--
>
> You can use the Independent Sample TTest procedure. You should have
> numeric variables for GROWTH and BALANCE where GROWTHÂ as your test
> variable and BALANCE as your grouping variable. The BALANCE should be
> coded for example as follows: 1=
balance less than $1000 and 2 = greater
> than $1000. Then run the synax:
> Â
> T-TEST GROUPS=BALANCE(1 2)
> Â /MISSING=ANALYSIS
> Â /VARIABLES=GROWTH
> Â /CRITERIA=CI(.95).
>
> The confidence interval (CI) can be changed to what you want, say .99.Â
> Hope I understand correctly your need.
> Â
> Cheers,
> Johnny
>
>
> Yahoo! Mail Now Faster and Cleaner. Experience it at
>
http://ph.mail.yahoo.com today!
>
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