Examine the sample obtained from a normally distributed population: 5.2 10.4 5.1 2.1 4.8 15.5 10.2 8.7

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Examine the sample obtained from a normally distributed population:

5.2 10.4 5.1 2.1 4.8 15.5 10.2 8.7 2.8 4.9 4.7 13.4 15.6 14.5

a. Calculate the variance.

b. Calculate the probability that a randomly chosen sample would produce a sample variance at least as large as that produced in part a if the population variance was equal to 20.

c. What is the statistical term used to describe the probability calculated in part b?

d. Conduct a hypothesis test to determine if the population variance is larger than 15.3. Use a significance level equal to 0.05.

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Business Statistics A Decision Making Approach

ISBN: 9780136121015

8th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry, Kent D. Smith

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