Solved

Identify the Null Hypothesis, Alternative Hypothesis, Test Statistic, P-Value, Conclusion

Question 75

Essay

Identify the null hypothesis, alternative hypothesis, test statistic, P-value, conclusion about the null hypothesis, and final conclusion that addresses the original claim
-In one town, monthly incomes for men with college degrees are found to have a standard deviation of $650. Use a 0.01 significance level to test the claim that for men without college degrees in that town, incomes have a higher standard deviation. A random sample of 22 men without college degrees resulted in incomes with a standard deviation of $923.

Correct Answer:

verifed

Verified

Test statistic: blured image. Critical val...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions