A Fortune study found that the variance in the number of vehicles owned or leased by subscribers to Fortune magazine is 0.94. Assume a sample of 12 subscribers to another magazine provided the following data on the number of vehicles owned or leased: 2, 1, 2, 0, 3, 1, 2, 1, 2, 1, 0, and 1. (a) Compute the sample variance in the number of vehicles owned or leased by the 12 subscribers. (Round your answer to four decimal places.) (b) Test the hypothesis Ho: o² = 0.94 to determine whether the variance in the number of vehicles owned or leased by subscribers of the other magazine differs from o2 = 0.94 for Fortune. State the null and alternative hypotheses. Ho: o² < 0.94 H₂:0² ≥ 0.94 Ho: o² ≥ 0.94 H₂:0² < 0.94 Ho: o² > 0.94 H₂:0² ≤ 0.94 Ho: o² = 0.94 H₂:0² # 0.94 Ho: 0² ≤ 0.94 H₂:0² > 0.94 Find the value of the test statistic. (Round your answer to three decimal places.) Find the p-value. (Round your answer to four decimal places.) p-value=
A Fortune study found that the variance in the number of vehicles owned or leased by subscribers to Fortune magazine is 0.94. Assume a sample of 12 subscribers to another magazine provided the following data on the number of vehicles owned or leased: 2, 1, 2, 0, 3, 1, 2, 1, 2, 1, 0, and 1. (a) Compute the sample variance in the number of vehicles owned or leased by the 12 subscribers. (Round your answer to four decimal places.) (b) Test the hypothesis Ho: o² = 0.94 to determine whether the variance in the number of vehicles owned or leased by subscribers of the other magazine differs from o2 = 0.94 for Fortune. State the null and alternative hypotheses. Ho: o² < 0.94 H₂:0² ≥ 0.94 Ho: o² ≥ 0.94 H₂:0² < 0.94 Ho: o² > 0.94 H₂:0² ≤ 0.94 Ho: o² = 0.94 H₂:0² # 0.94 Ho: 0² ≤ 0.94 H₂:0² > 0.94 Find the value of the test statistic. (Round your answer to three decimal places.) Find the p-value. (Round your answer to four decimal places.) p-value=
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.4: Collecting Data
Problem 3E
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