A Car Salesman Claims That the Variance of Prices on Convertibles

question 7

Multiple Choice

A car salesman claims that the variance of prices on convertibles is higher than the variance of prices on station wagons. The standard deviation of the list price on 16
Convertibles is $6800 and the standard deviation on 24 station wagons is $3900. What
Should the test value be?

• A) 2.25
• B) 3.04
• C) 1.74
• D) 1.53

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Definitions:

English-only Ordinances

Laws or regulations that designate English as the sole official language of a jurisdiction or organization, often controversial for their impact on non-English speakers.

Devil's Bargain

A deal made or situation entered into with potentially disastrous consequences, often involving a compromise of one's ethics or morals.

Radioactive Waste

Materials that are radioactive and for which there is no practical use, requiring managed disposal to protect human health and the environment.

Rural Poverty

Economic hardship experienced by individuals and families living in rural areas, often characterized by limited access to resources, education, and employment.