We Are Interested in Testing Whether the Variance of a Population

question 12

Multiple Choice

We are interested in testing whether the variance of a population is significantly more than 625. The null hypothesis for this test is

• A)H_o: \(\sigma\)² > 625
• B)H_o: \(\sigma\)² ? 625
• C)H_o: \(\sigma\)² ? 625
• D)H_o: \(\sigma\)² ? 25

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Definitions:

Disaffirmance

The legal right or act of renouncing or rejecting a contract or agreement, particularly used in reference to minors' agreements.

Depreciated

The decrease in an asset's value over time due to wear and tear, obsolescence, or market conditions.

Necessary Item

Items considered essential for the well-being of a person, often used in legal contexts regarding support obligations.

Minority Status

Minority status refers to the condition of being part of a group that is smaller in number within a larger population, often leading to different treatment or opportunities.