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We are interested in determining whether the variances of the sales are equal for two small grocery stores. A sample of 16 days of sales
We are interested in determining whether the variances of the sales are equal for two small grocery stores. A sample of 16 days of sales at each store indicated the following.
- Store A: Sample size n1=16, s1 (standard deviation of sales) = $130
- Store B: Sample size n2=16, s2 (standard deviation of sales) = $100
Are the variances of the populations (from which these samples came) equal?
Test the hypothesis using alpha, = 0.05. Show all your steps in the calculations. (6 points) Use excel if needed
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