An economist is interested in the variability of hourly wages at a production plant. She collects data on 50 hourly wage earners. Use the accompanying Excel Data File for this exercise. E Click here for the Excel Data File a. Select the competing hypotheses to test whether the variance of hourly wages exceeds 35 ($2). Họ: o2 s 35; Hạ: o2 > 35 Họ: o2 = 35; Ha: o² * 35 Ho: o 2 35; HẠ: o < 35 b. Calculate the value of the test statistic. (Round intermediate calculations to at least 4 decimal places and final answer to 3 decimal places.) Test statistic
An economist is interested in the variability of hourly wages at a production plant. She collects data on 50 hourly wage earners. Use the accompanying Excel Data File for this exercise. E Click here for the Excel Data File a. Select the competing hypotheses to test whether the variance of hourly wages exceeds 35 ($2). Họ: o2 s 35; Hạ: o2 > 35 Họ: o2 = 35; Ha: o² * 35 Ho: o 2 35; HẠ: o < 35 b. Calculate the value of the test statistic. (Round intermediate calculations to at least 4 decimal places and final answer to 3 decimal places.) Test statistic
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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