The Test Statistic for the Equality of Two Population Variances

question 46

Multiple Choice

The test statistic for the equality of two population variances is based on the:

• A)ratio of the two sample variances.
• B)difference between the two sample variances.
• C)difference between the two population variances.
• D)difference between the sample variances divided by the difference between the sample means.

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Definitions:

Shortage

A situation in which demand for a good or service exceeds its supply in a market.

Demand And Supply

Economic model describing the interaction between the desire of consumers to buy goods at certain prices and the quantity of goods that producers are willing to sell at those prices.

Factors Of Production

Four basic inputs for effective operation: land, labor, capital, and entrepreneurship.

Overall Supply

The total amount of a product or service available in a market at any given time.