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Statistics
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Statistics for Business and Economics Study Set 1
Quiz 11: Inferences About Population Variances
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Question 81
Essay
A sample of 22 bottles of soft drink showed a variance of 0.64 in their contents.At 95% confidence,determine whether or not the standard deviation of the population is significantly different from 0.7.Use the critical value approach.
Question 82
Essay
You are given the following data regarding a sample.
a.Compute the mean and the variance. b.Using the critical value approach,test to determine if the variance of the population from which this sample is taken is significantly more than 12.Let
α
\alpha
α
= 0.05.
Question 83
Essay
The average grade of a sample of 30 students on their second statistics examination was 85 with a standard deviation of 11.Is the variance of the population significantly more than 80? Use a 0.05 level of significance.