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We Are Interested in Determining Whether or Not the Variances

Question 77

Essay

We are interested in determining whether or not 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
Store B
n1 = 16
n2 = 16
s1 = $130
s2 = $100

Are the variances of the populations (from which these samples came) equal?
Use α = .05.

Correct Answer:

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F = 1.69 < 2.86
p-value > .1...

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