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1. The given statement ” All else being equal, the further the t statistic falls from 0, either in the positive or negative direction, the more likely it is that the difference between two population averages is statistically significant. ” is true.

   The term t statistics refers the ratio of the departure of the estimated value of a parameter from its hypothesized value to its standard error.

   Here we have the statement All else being equal, the further the t statistic falls from 0, either in the positive or negative direction, the more likely it is that the difference between two population averages is statistically significant.

   And we need to identify whether the statement is true or not.

   As per the definition of t statistics, we have identified that the t statistic falls from 0. which states that is goes on the negative direction.

   Therefore, the more likely it is that the difference between two population averages is statistically significant.

   So, the statement is correct.

   To know more about t statistics here.

   https://brainly.com/question/15236063

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