Many homes are heated with oil furnaces. The file titled Homeheat contains a sample of heating costs

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Many homes are heated with oil furnaces. The file titled Homeheat contains a sample of heating costs for selected households. Assume that historical data indicate that household heating costs have a standard deviation of about $100.

Conduct a test of hypothesis to see if the variability in heating costs in the sample was larger than that indicated by historical data. Use both the test statistic and a significance level of 0.025.

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Business Statistics

ISBN: 9781292220383

10th Global Edition

Authors: David Groebner, Patrick Shannon, Phillip Fry

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