Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3. The following table presents the amounts of the contracts for soft drinks in local school districts. Assume that the amounts of contracts is

3. The following table presents the amounts of the contracts for soft drinks in local school districts. Assume that the amounts of contracts is normally distributed. Coca-Cola Pepsi 46 120 80 500 100 59 420 285 57 19 120 95 a) (10 pts) Is it plausible to assume that the variance of the contracts for Coca-Cola and Pepsi are equal? Conduct a hypothesis test to check this claim. You can use critical value or P-value approach. Take significance level as 2%. b) (10 pts) Based on your result in (a), can we assume the mean amount of contracts for Coca-Cola is less than the mean amount of contracts for Pepsi in all local school districts? Conduct a hypothesis test to check this claim. Take significance level as 2%. You can use critical value or P-value approach.

Step by Step Solution

3.56 Rating (163 Votes )

There are 3 Steps involved in it

Step: 1

a using minitabstatbasic stat2 varaince we have Test and CI for Two Variances Coca Cola Pepsi Method ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Applied Regression Analysis And Other Multivariable Methods

Authors: David G. Kleinbaum, Lawrence L. Kupper, Azhar Nizam, Eli S. Rosenberg

5th Edition

1285051084, 978-1285963754, 128596375X, 978-1285051086

More Books

Students also viewed these Mathematics questions

Question

Under what circumstances should derived associations be used?

Answered: 1 week ago