A marketing manager wishes to compare the variances in the prices charged for two brands of CD players (assuming the distribution of prices is normal for both brands). The manager conducts a random survey of retail outlets and obtains the following results: Onkyo X1 = 150 JVC X2 = 145 S2 n2 = 24 Mean %3D Standard Deviation = 15 10 S1 = 10 Sample Size n1 Use the information to test H,: of ož with a = conclude? 0.01. What do you
A marketing manager wishes to compare the variances in the prices charged for two brands of CD players (assuming the distribution of prices is normal for both brands). The manager conducts a random survey of retail outlets and obtains the following results: Onkyo X1 = 150 JVC X2 = 145 S2 n2 = 24 Mean %3D Standard Deviation = 15 10 S1 = 10 Sample Size n1 Use the information to test H,: of ož with a = conclude? 0.01. What do you
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Problem 1P
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![A marketing manager wishes to compare the variances in the prices charged
for two brands of CD players (assuming the distribution of prices is normal for both
brands). The manager conducts a random survey of retail outlets and obtains the following
results:
Onkyo
JVC
X, = 145
S2
Мean
X, = 150
Standard Deviation
S1 = 15
= 10
Sample Size
n1
= 10
n2 = 24
Use the information to test H,: o? <o versus Ha: of > o, with a = 0.01. What do you
conclude?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe761569b-fb1f-4e6f-9616-f8c6dee5d9b7%2Fb3b247c9-8dab-47e5-8304-83bc18c7f6a9%2Fq04y2qu_processed.png&w=3840&q=75)
Transcribed Image Text:A marketing manager wishes to compare the variances in the prices charged
for two brands of CD players (assuming the distribution of prices is normal for both
brands). The manager conducts a random survey of retail outlets and obtains the following
results:
Onkyo
JVC
X, = 145
S2
Мean
X, = 150
Standard Deviation
S1 = 15
= 10
Sample Size
n1
= 10
n2 = 24
Use the information to test H,: o? <o versus Ha: of > o, with a = 0.01. What do you
conclude?
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