Hypothesis Testing for Variance A store owner claims that the variance of profit in his store is greater than 30,000. The results are shown below. At the level of significance, is there enough evidence to support her claim? 561 987 575 513 915 581 990 759 961 597 542 853 622 507 606 635 Use the Variance tab to complete the test. Begin by entering the data starting with J2 to get the sample variance and sample size n. Use those values to complete the C6 to C8. For C4, change the direction of the arrow to reflect the claim. Finish by entering the claim value in D4 Results: Is there enough evidence to support his claim? Give your answer in complete sentences. Justify your answer either by using a rejection region or a p-value argument.
Hypothesis Testing for Variance A store owner claims that the variance of profit in his store is greater than 30,000. The results are shown below. At the level of significance, is there enough evidence to support her claim? 561 987 575 513 915 581 990 759 961 597 542 853 622 507 606 635 Use the Variance tab to complete the test. Begin by entering the data starting with J2 to get the sample variance and sample size n. Use those values to complete the C6 to C8. For C4, change the direction of the arrow to reflect the claim. Finish by entering the claim value in D4 Results: Is there enough evidence to support his claim? Give your answer in complete sentences. Justify your answer either by using a rejection region or a p-value argument.
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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Transcribed Image Text:Hypothesis Testing for Variance
A store owner claims that the variance of profit in his store is greater than 30,000. The results are shown below. At
the level of significance, is there enough evidence to support her claim?
561
987
575
513
915
581
990
759
961
597
542
853
622
507
606
635
Use the Variance tab to complete the test.
Begin by entering the data starting with J2 to get the sample variance and sample size n.
Use those values to complete the C6 to C8.
For C4, change the direction of the arrow to reflect the claim.
Finish by entering the claim value in D4
18
Results:
19.
20
Is there enough evidence to support his claim? Give your answer in complete sentences. Justify your answer either
by using a rejection region or a p-value argument.
21
22
23
24
25
26
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