Test the Indicated Claim About the Variances or Standard Deviations

question 18

Essay

Test the indicated claim about the variances or standard deviations of two populations. Assume that both samples are independent simple random samples from populations having normal distributions. A random sample of 16 women resulted in blood pressure levels with a standard deviation of 23 mm Hg. A random sample of 17 men resulted in blood pressure levels with a standard deviation of 19.2 mm Hg. Use a 0.05 significance level to test the claim that blood pressure levels for women vary more than blood pressure levels for men. Include your null and alternative hypotheses, the test statistic, P-value or critical value(s), conclusion about the null hypothesis, and conclusion about the claim in your answer.

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Definitions:

Fair Value

The amount one would earn from disposing of an asset or spend in delegating a liability in a seamless trade among market actors on the appointed valuation day.

AASB 9

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Financial Liabilities

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