Past data indicate that, the amount of money contributed by the working residents of a large city
Question:
Past data indicate that, the amount of money contributed by the working residents of a large city to a volunteer rescue squad is a normal random variable with a standard deviation of S1.40. It has been suggested that the contributions to the rescue squad from just the employees of the sanitation department are much more variable. If the contributions of a random sample of 12 employees from the sanitation department had a standard deviation of $1.75, can we conclude at the 0.01 level of significance that the standard deviation of the contributions of all sanitation workers is greater than that of all workers living in this city?
Step by Step Answer:
Probability & Statistics For Engineers & Scientists
ISBN: 9780130415295
7th Edition
Authors: Ronald E. Walpole, Raymond H. Myers, Sharon L. Myers, Keying