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SCENARIO 10-3
as Part of an Evaluation Program, a Sporting

question 80

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SCENARIO 10-3
As part of an evaluation program, a sporting goods retailer wanted to compare the downhill coasting speeds of 4 brands of bicycles.She took 3 of each brand and determined their maximum downhill speeds.The results are presented in miles per hour in the table below.  Trial Barth Tornado Reiser Shaw 143374143246384545343394246\begin{array}{lllll}\text { Trial}&\text { Barth}&\text { Tornado }&\text {Reiser}&\text { Shaw }\\1 & 43 & 37 & 41 & 43 \\2 & 46 & 38 & 45 & 45 \\3 & 43 & 39 & 42 & 46\end{array}
-Referring to SCENARIO 10-3, what is the critical value of Levene's test for homogeneity of variances at a 5% level of significance?

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Definitions:

Capital Gains Yield

The price appreciation component of the total return on investment, excluding dividends or interest.

Shares

Units of ownership interest in a corporation or financial asset, providing shareholders with a claim on company assets and earnings.

Standard Deviation

Standard deviation is a statistical measure that quantifies the amount of variation or dispersion of a set of data values, typically used to assess the volatility of financial instrument prices.

Canadian Common Stocks

Shares of publicly traded companies based in Canada, representing ownership in those companies.

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