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A Car Salesman Claims That the Variance of Prices on Convertibles

question 65

Multiple Choice

A car salesman claims that the variance of prices on convertibles is higher than the variance of prices on station wagons. The standard deviation of the list price on 16 convertibles is $6800 and the standard deviation on 24 station wagons is $3900. What should the test value be?


Definitions:

Implantation

The process by which a fertilized egg attaches itself to the lining of the uterus, marking the beginning of pregnancy.

Zygote

A fertilized egg cell that results from the union of a female gamete (egg) and a male gamete (sperm), marking the beginning of embryonic development.

Oviduct

The tube through which an ovum or egg passes from the ovary to the uterus; also known as the fallopian tube.

Uterus

Muscular chamber where offspring develop; womb.

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