Help with finding Pvalue & test statistic You may need to use the appropriate technology to answer this question.the advisers from Company A and 10 of the advisers from Company B showed that the advisers managed many very large accounts with a large variance in the total amount of$589 million. The standard deviation of the amount managed by advisersData were collected on the top 1,000 financial advisers. Company A had 239 people on the list and another company, Company B, had 121 people on the list. A sample of 16 offunds managed. The standard deviation of the amount managed by advisers from Company A was s,from Company B was s2%3D$486 million. Conduct a hypothesis test at a = 0.10 to determine if there is a significant difference in the population variances for the amountsmanaged by the two companies. What is your conclusion about the variability in the amount of funds managed by advisers from the two firms?State the null and alternative hypotheses.Ho: 0102202%3DHo: 01202Ha: 01+ 02222> 0222Ho: 0,2H3: 0,?so,?>Find the value of the test statistic. (Round your answer to two decimal places.)0.88Find the p-value. (Round your answer to four decimal places.)p-value0.603%3DState your conclusion.Do not reject Ho. We cannot conclude there is a statistically significant difference between the variances for the two companies.Reject Ho. We can conclude there is a statistically significant difference between the variances for the two companies.Reject Ho. We cannot conclude there is a statistically significant difference between the variances for the two companies.Do not reject Ho. We can conclude there is a statistically significant difference between the variances for the two companies.O O

The provided sample variances are s12=589×589 = 346921 and s22=486×486 = 236196 and the sample sizes…

Find the value of the test statistic. (Round your answer to two decimal places.) 0.88 Find the p-value. (Round your answer to four decimal places.) p-value = 0.603 State your conclusion. O Do not reject Ho. We cannot conclude there is a statistically significant difference between the variances for the two companies. O Reject Ho. We can conclude there is a statistically significant difference between the variances for the two companies. O Reject Ho. We cannot conclude there is a statistically significant difference between the variances for the two companies. Do not reject Ho: We can conclude there is a statistically significant difference between the variances for the two companies.

Find the value of the test statistic. (Round your answer to two decimal places.) 0.88 Find the p-value. (Round your answer to four decimal places.) p-value = 0.603 State your conclusion. O Do not reject Ho. We cannot conclude there is a statistically significant difference between the variances for the two companies. O Reject Ho. We can conclude there is a statistically significant difference between the variances for the two companies. O Reject Ho. We cannot conclude there is a statistically significant difference between the variances for the two companies. Do not reject Ho: We can conclude there is a statistically significant difference between the variances for the two companies.

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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Concept explainers

Confidence Intervals

When we calculate intervals in probability and statistics, it can be simply termed as finding out a confidence interval. The confidence interval is usually calculated from the data set which is observed. The value of the parameter that needs to be calculated is present here only.

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Help with finding Pvalue & test statistic

You may need to use the appropriate technology to answer this question.
the advisers from Company A and 10 of the advisers from Company B showed that the advisers managed many very large accounts with a large variance in the total amount of
$589 million. The standard deviation of the amount managed by advisers
Data were collected on the top 1,000 financial advisers. Company A had 239 people on the list and another company, Company B, had 121 people on the list. A sample of 16 of
funds managed. The standard deviation of the amount managed by advisers from Company A was s,
from Company B was s2
%3D
$486 million. Conduct a hypothesis test at a = 0.10 to determine if there is a significant difference in the population variances for the amounts
managed by the two companies. What is your conclusion about the variability in the amount of funds managed by advisers from the two firms?
State the null and alternative hypotheses.
Ho: 01
02
2
02
%3D
Ho: 01
2
02
Ha: 01
+ 02
2
2
2
> 02
2
2
Ho: 0,2
H3: 0,?so,?
>
Find the value of the test statistic. (Round your answer to two decimal places.)
0.88
Find the p-value. (Round your answer to four decimal places.)
p-value
0.603
%3D
State your conclusion.
Do not reject Ho. We cannot conclude there is a statistically significant difference between the variances for the two companies.
Reject Ho. We can conclude there is a statistically significant difference between the variances for the two companies.
Reject Ho. We cannot conclude there is a statistically significant difference between the variances for the two companies.
Do not reject Ho. We can conclude there is a statistically significant difference between the variances for the two companies.
O O

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