TABLE 10-18 As Part of an Evaluation Program, a Sporting Goods Retailer

question 231

Multiple Choice

TABLE 10-18
As part of an evaluation program, a sporting goods retailer wanted to compare the downhill coasting speeds of four brands of bicycles. She took three of each brand and determined their maximum downhill speeds. The results are presented in miles per hour in the table below

-Referring to Table 10-18, what should be the conclusion for the Levene's test for homogeneity of variances at a 5% level of significance?

• A) There is insufficient evidence that the variances are all the same.
• B) There is sufficient evidence that the variances are all the same.
• C) There is insufficient evidence that the variances are not all the same.
• D) There is sufficient evidence that the variances are not all the same.

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Redress

The act of correcting a wrong or giving compensation for a harm done.

State of Incorporation

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Statutory Close Corporation Supplement

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Fewer than 100 Shareholders

A characteristic of some business entities, like S-corporations, which limits the number of shareholders to maintain eligibility for certain tax benefits.