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The Sample Standard Deviation of the Monthly Sales (In Thousands

question 17

Essay

The sample standard deviation of the monthly sales (in thousands of dollars)of a telecommunications firm in the United States for two years,2010 and 2011,is computed as 6.7.Assuming that the sales data are drawn from a normally distributed population,conduct the following hypothesis tests for the population variance.Use the critical value approach at α = 0.05.
a.H02 ≤ 25,HA2 > 25
b.H02 = 36,HA2 ≠ 36

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