Use the Traditional Method to Test the Given Hypothesis

question 32

Essay

Use the traditional method to test the given hypothesis. Assume that the population is normally distributed and that the sample has been randomly selected. Heights of men aged 25 to 34 have a standard deviation of 2.9. Use a 0.05 significance level to test the claim that the heights of women aged 25 to 34 have a different standard deviation. The heights (in inches)of 16 randomly selected women aged 25 to 34 are listed below. Round the sample standard deviation to five decimal places. $$\begin{array} { l l l l l l l l } 62.13 & 65.09 & 64.18 & 66.72 & 63.09 & 61.15 & 67.50 & 64.65 \\63.80 & 64.21 & 60.17 & 68.28 & 66.49 & 62.10 & 65.73 & 64.72\end{array}$$

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Definitions:

Bond Indenture

A legal contract between a bond issuer and a bondholder that specifies the terms of the bond, such as its maturity date, face value, coupon rate, and any special features.

Secured Loan

A type of loan that is backed by collateral, making it less risky for the lender since the collateral can be seized if the loan is not repaid.

Maturity Date

Due date of the promissory note.

Dividends

Payments made by a corporation to its shareholders, often as a distribution of profits.