The First Night Stage Company operates a small, nonprofit theater group in Milwaukee. This companys representatives proposed
Question:
The First Night Stage Company operates a small, nonprofit theater group in Milwaukee. This company’s representatives proposed two different solicitation brochures. They are interested in determining whether there is a difference in the standard deviation of dollars returned between the two brochures. To test this, a random sample of 20 people was selected to receive Brochure A and another random sample of 20 people was selected to receive Brochure B. The data are contained in the file called First-Night. Based on these sample data, what should the First Night Company conclude about the two brochures with respect to their variability? Test using a significance level of 0.02.
Step by Step Answer:
Business Statistics
ISBN: 9781292220383
10th Global Edition
Authors: David Groebner, Patrick Shannon, Phillip Fry