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Videocassette recorder (VCR) tapes are designed so that users can repeatedly record new material over old material. However, after a number of re-recordings the tape begins to deteriorate. A VCR tape manufacturer is experimenting with a new technology, which hopefully will produce longer-lasting tapes. Thirty of the old-style tapes and 30 utilising the new technology were used in an experiment. The tapes were used to record and re-record programs until they began to deteriorate. The number of re-recordings is assumed to be normally distributed. It is generally accepted that the number of re-recordings should exceed 55. Any tapes that do not meet this criterion are considered to be unacceptable. The number of re-recordings were observed and shown in the accompanying table. Estimate with 90% confidence the ratio of the variances of the number of re-recordings of the two types of tape, and briefly describe what the interval estimate tells you.
New Businesses
Entities that have been recently established or founded, entering the marketplace with fresh offerings or services.
Survive
The ability to continue to live or exist, especially in spite of difficult conditions or circumstances.
Five-Year Mark
A significant milestone that denotes a period of five years, often used to evaluate the progress or success of a project, initiative, or business.
Small Businesses
Enterprises with a small number of employees and relatively low volume of sales, often privately owned and operated.
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