Question: Please interpret the output below. What type of test was used and why? Is there a significant difference between these two means? Yearly Energy Costs

Please interpret the output below. What type of test was used and why? Is there a significant difference between these two means?

Yearly Energy Costs LEED- Certified Buildings

(in thousands of $)

Yearly Energy Costs non-LEED- Certified Buildings

(in thousands of $)

Mean

18.22

21.46

Variance

1548.27

1318.33

Observations

60

55

Hypothesized Mean Difference

0

df

73

t Stat

-1.678

P(T<=t) one-tail

0.048

t Critical one-tail

1.667

P(T<=t) two-tail

0.096

t Critical two-tail

1.993

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