Examine the sample obtained from a normally distributed population: a. Calculate the variance. b. Calculate the probability

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Examine the sample obtained from a normally distributed population:

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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: 9780133021844

9th Edition

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

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