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

question 285

Short Answer

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. $\begin{array}{lllll}\text { Trial}&\text { Barth}&\text { Tornado}&\text { Reiser}&\text { Shaw }\\1 & 43 & 37 & 41 & 43 \\2 & 46 & 38 & 45 & 45 \\3 & 43 & 39 & 42 & 46\end{array}$
-Referring to SCENARIO 10-3, the null hypothesis for Levene's test for homogeneity of variances is a) $H _ { 0 } : \mu _ { A } = \mu _ { B } = \mu _ { C } = \mu _ { D }$
b) $H _ { 0 } : M _ { A } = M _ { B } = M _ { C } = M _ { D }$
c) $H _ { 0 } : \sigma _ { A } ^ { 2 } = \sigma _ { B } ^ { 2 } = \sigma _ { C } ^ { 2 } = \sigma _ { D } ^ { 2 }$
d) $H _ { 0 } : \pi _ { A } = \pi _ { B } = \pi _ { C } = \pi _ { D }$

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Definitions:

Proceeds

The amount of money received from a transaction, especially after selling an asset or completing a deal.

Uniform Commercial Code

A codification of the laws governing commercial transactions in the United States, designed to make interstate commerce more efficient.

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Collateral

Assets pledged by a borrower to secure a loan or other credit, which can be seized by the lender if the borrower fails to pay.