Solved

The President of a Bank Believes That the Variance of the Deposits

Question 27

Essay

The president of a bank believes that the variance of the deposits of suburban customers is more than the variance of city customers.Below you are given the results of samples taken from suburban and city customers.
The president of a bank believes that the variance of the deposits of suburban customers is more than the variance of city customers.Below you are given the results of samples taken from suburban and city customers.     a.State the null and alternative hypotheses to be tested. b.Compute the test statistic. c.Determine the p-value. d.At 95% confidence,what do you conclude?
a.State the null and alternative hypotheses to be tested.
b.Compute the test statistic.
c.Determine the p-value.
d.At 95% confidence,what do you conclude?

Correct Answer:

verifed

Verified

a.H0: blured image21

View Answer

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

Related Questions