Assume we are given a sample of customer interarrival times in a candy shop: 31 33 12 14 9 33 30 27 15 24 17 13 20 28 27 10 13 16 9 23 20 16 13 16 a) Test if the variance between arrivals is no more than 43 with 5% level of significance. (State a null and alternative hypothesis) b) Find the smallest Type 1 error probability that allows us to reject Ho. (Define an interval for such Type 1 error probability).

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question

3. Assume we are given a sample of customer interarrival times in a candy shop:

31 33 12 14 9 33 30 27 15 24 17 13 20 28 27 10 13 16 9 23 20 16 13 16

a) Test if the variance between arrivals is no more than 43 with 5% level of significance. (State a null and alternative hypothesis)

b) Find the smallest Type 1 error probability that allows us to reject Ho. (Define an interval for such Type 1 error probability).

Expert Solution
steps

Step by step

Solved in 5 steps with 4 images

Blurred answer
Similar questions
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON