Examlex

Solved

Test Hypotheses Regarding Two Population Standard Deviations
-At a Retail $255.15\$ 255.15

question 20

Short Answer

Test Hypotheses Regarding Two Population Standard Deviations
-At a retail store, 61 female employees were randomly selected and it was found that their monthly income had a standard deviation of $255.15\$ 255.15 . For 121 male employees, the standard deviation was $354.27\$ 354.27 . Test the hypothesis that variance of monthly incomes is higher for male employees than it is for female employees. Use α=0.01\alpha = 0.01 . Assume the samples were randomly selected from normal populations.


Definitions:

Herbert Hoover

The 31st President of the United States, serving from 1929 to 1933, known for his administration's response to the Great Depression.

Voluntary Cooperation

A process where individuals or groups willingly work together towards a common goal or interest without coercion.

Kellogg Briand Pact

An international agreement signed in 1928 that aimed to prevent war by making it illegal as a policy tool among signing nations.

International Community

A collective term for all countries and their governments, often used in the context of global politics and diplomacy.

Related Questions