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A PC company uses two suppliers for rechargeable batteries for its notebook computers. Two factors are important quality features of the batteries: mean use time and variation. It is desirable that the mean use time be high and the variability be low. Recently, the PC maker conducted a test on batteries from the two suppliers. In the test, 9 randomly selected batteries from Supplier 1 were tested and 12 randomly selected batteries from Supplier 2 were tested. The following results were observed: Based on these sample results, can the PC maker conclude that a difference exists between the two batteries with respect to the population standard deviations? Test using a 0.10 level of significance.
Interest Expense
The cost incurred by an entity for borrowed funds over a period of time, including loans, bonds, or credit lines.
Tax Rate
The percentage at which an individual or corporation is taxed on their income or profits.
Cash Dividend
A distribution of profits by a corporation to its shareholders in the form of cash.
Net Income
A company's total profit calculated by subtracting total expenses from total revenues.
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