Consumers know for fact that on valentine’s day, the prices of roses vary with an average standard deviation of P75. A random sample of 33 buyers was observed. Their purchasing prices yielded a standard deviation of P87. Can we concluded at the 1% level of significance that the prices of roses on Valentine’s day show significant increased variability? What is the computed value and decision?

Consumers know for fact that on valentine’s day, the prices of roses vary with an average standard deviation of P75. A random sample of 33 buyers was observed. Their purchasing prices yielded a standard deviation of P87. Can we concluded at the 1% level of significance that the prices of roses on Valentine’s day show significant increased variability? What is the computed value and decision?

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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