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Statistics
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Business Statistics Study Set 1
Quiz 11: Hypothesis Tests and Estimation for Population Variances
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Question 41
Multiple Choice
When a hypothesis test is to be conducted regarding a population variance, the test statistic will be:
Question 42
Multiple Choice
It is believed that the SAT scores for students entering two state universities may have different standard deviations. Specifically, it is believed that the standard deviation at University A is greater than the standard deviation at University B. To test this using an alpha = 0.05 level, a sample of 14 student SAT scores from University A was selected and a sample of 8 SAT scores from University B was selected. The following sample results were observed:
Based on this information, what is the value of the test statistic?
Question 43
True/False
The F test statistic for testing whether the variances of two populations are the same is always positive.
Question 44
Multiple Choice
Which of the following is the appropriate null hypothesis when testing whether two population variances are equal?
Question 45
True/False
There is interest at the American Savings and Loan as to whether there is a difference between average daily balances in checking accounts that are joint accounts (two or more members per account) versus single accounts (one member per account). To test this, a random sample of checking accounts was selected with the following results:
Based upon these data, if tested using a significance level equal to 0.10, the assumption of equal population variances should be rejected.
Question 46
Multiple Choice
It is believed that the SAT scores for students entering two state universities may have different standard deviations. Specifically, it is believed that the standard deviation at University A is greater than the standard deviation at University B. If a statistical test is to be conducted, which of the following would be the proper way to formulate the null hypothesis?
Question 47
Multiple Choice
A fast food restaurant that sells burritos is concerned about the variability in the amount of filling that different employees place in the burritos. To achieve product consistency it needs this variability to be no more than 1.7 ounces. A sample of n = 18 burritos showed a sample variance of 2.89 ounces. Using a 0.10 level of significance, what can you conclude?
Question 48
Multiple Choice
A potato chip manufacturer has found that in the past the standard deviation of bag weight has been 0.2 ounce. They want to test whether the standard deviation has changed. The null hypothesis is: