The Russet Potato Company Has Been Working on the Development

question 59

Multiple Choice

The Russet Potato Company has been working on the development of a new potato seed that is hoped to be an improvement over the existing seed that is being used.Specifically,the company hopes that the new seed will result in less variability in individual potato length than the existing seed without reducing the mean length.To test whether this is the case,a sample of each seed is used to grow potatoes to maturity.The following information is given: The correct null hypothesis for testing whether the variability of the new seed is less than the old seed is:

• A)H₀ : ≤
• B)H₀ : ≥
• C)H₀ : σO ≥ σ_N
• D)H₀ : =

---

Definitions:

Government

The organization or system through which a society or community is governed, often responsible for making and enforcing laws, and providing services to its citizens.

Accrued Interest

The interest that has accumulated on a bond, loan, or other financial instrument but has not yet been paid to the lender or investor.

Loan Payment

A payment made towards a loan that may include both principal and interest components.

Bank Loan

A sum of money lent by a bank to a borrower at a defined interest rate for a specified period.