Question

It is desired to determine whether there is less variability in the silver plating done by...

It is desired to determine whether there is less variability in the silver plating done by Company 1 than in that done by Company 2. If independent random samples of size 12 of the two companies’ work yield standard deviations s1 = 0.035 mil and s2 = 0.062 mil respectively, test the null hypothesis that there is no difference in variances (σ1^2 = σ2^2) against the alternative hypothesis that variance of company 1 is smaller as compared to variance of company 2 (σ1^2 < σ2^2) at the 0.05 level of significance.

Homework Answers

Answer #1

The solution to this problem is given by

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
12 independent random samples are collected from each of two silver plating companies. The samples yield...
12 independent random samples are collected from each of two silver plating companies. The samples yield standard deviations of S1= 0.035 mil and S2 = 0.062 mil. Do the data support, with 95% confidence, the contention that the plating done by Company 1 is less variable than that done by Company 2?
1) A demographer wants to measure life expectancy in countries 1 and 2. Let μ1 and...
1) A demographer wants to measure life expectancy in countries 1 and 2. Let μ1 and μ2 denote the mean life expectancy in countries 1 and 2, respectively. Specify the hypothesis to determine if life expectancy in country 1 is more than 10 years lower than in country 2. A) H0:μ1– μ2≤10, HA:μ1– μ2>10 B) H0:μ1– μ2≥10, HA: μ1– μ2<10 C)H0:μ1– μ2≤–10, HA:μ1– μ2>−10 D)H0:μ1– μ2≥–10, HA:μ1– μ2<−10 2) A restaurant chain has two locations in a medium-sized town and,...
An economist wonders if corporate productivity in some countries is more volatile than in other countries....
An economist wonders if corporate productivity in some countries is more volatile than in other countries. One measure of a company's productivity is annual percentage yield based on total company assets. A random sample of leading companies in France gave the following percentage yields based on assets. 4.6 5.6 3.4 3.9 2.7 3.5 2.8 4.4 5.7 3.4 4.1 6.8 2.9 3.2 7.2 6.5 5.0 3.3 2.8 2.5 4.5 Use a calculator to verify that the sample variance is s2 ≈...
An economist wonders if corporate productivity in some countries is more volatile than in other countries....
An economist wonders if corporate productivity in some countries is more volatile than in other countries. One measure of a company's productivity is annual percentage yield based on total company assets. A random sample of leading companies in France gave the following percentage yields based on assets. 4.2 5.3 3.4 3.1 2.7 3.5 2.8 4.4 5.7 3.4 4.1 6.8 2.9 3.2 7.2 6.5 5.0 3.3 2.8 2.5 4.5 Use a calculator to verify that the sample variance is s2 ≈...
An economist wonders if corporate productivity in some countries is more volatile than in other countries....
An economist wonders if corporate productivity in some countries is more volatile than in other countries. One measure of a company's productivity is annual percentage yield based on total company assets. A random sample of leading companies in France gave the following percentage yields based on assets. 4.2 5.4 3.2 3.4 2.9 3.5 2.8 4.4 5.7 3.4 4.1 6.8 2.9 3.2 7.2 6.5 5.0 3.3 2.8 2.5 4.5 Use a calculator to verify that the sample variance is s2 ≈...
An economist wonders if corporate productivity in some countries is more volatile than in other countries....
An economist wonders if corporate productivity in some countries is more volatile than in other countries. One measure of a company's productivity is annual percentage yield based on total company assets. A random sample of leading companies in France gave the following percentage yields based on assets. 4.2 5.3 3.1 3.9 2.4 3.5 2.8 4.4 5.7 3.4 4.1 6.8 2.9 3.2 7.2 6.5 5.0 3.3 2.8 2.5 4.5 Use a calculator to verify that the sample variance is s2 ≈...
An economist wonders if corporate productivity in some countries is more volatile than in other countries....
An economist wonders if corporate productivity in some countries is more volatile than in other countries. One measure of a company's productivity is annual percentage yield based on total company assets. A random sample of leading companies in France gave the following percentage yields based on assets. 4.7 5.2 3.6 3.7 2.1 3.5 2.8 4.4 5.7 3.4 4.1 6.8 2.9 3.2 7.2 6.5 5.0 3.3 2.8 2.5 4.5 Use a calculator to verify that the sample variance is s2 ≈...
An economist wonders if corporate productivity in some countries is more volatile than in other countries....
An economist wonders if corporate productivity in some countries is more volatile than in other countries. One measure of a company's productivity is annual percentage yield based on total company assets. A random sample of leading companies in France gave the following percentage yields based on assets. 4.6 5.1 3.1 3.8 2.9 3.5 2.8 4.4 5.7 3.4 4.1 6.8 2.9 3.2 7.2 6.5 5.0 3.3 2.8 2.5 4.5 Use a calculator to verify that the sample variance is s2 ≈...
An economist wonders if corporate productivity in some countries is more volatile than in other countries....
An economist wonders if corporate productivity in some countries is more volatile than in other countries. One measure of a company's productivity is annual percentage yield based on total company assets. A random sample of leading companies in France gave the following percentage yields based on assets. 4.2 5.2 3.7 3.9 2.5 3.5 2.8 4.4 5.7 3.4 4.1 6.8 2.9 3.2 7.2 6.5 5.0 3.3 2.8 2.5 4.5 Use a calculator to verify that the sample variance is s2 ≈...
An economist wonders if corporate productivity in some countries is more volatile than in other countries....
An economist wonders if corporate productivity in some countries is more volatile than in other countries. One measure of a company's productivity is annual percentage yield based on total company assets. A random sample of leading companies in France gave the following percentage yields based on assets. 4.3 5.9 3.2 3.5 2.3 3.5 2.8 4.4 5.7 3.4 4.1 6.8 2.9 3.2 7.2 6.5 5.0 3.3 2.8 2.5 4.5 Use a calculator to verify that the sample variance is s2 ≈...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT