In 2014, the variance of the ages of all workers at a large company that has more than 30,000 employees was 133. A recent random sample of 25 workers selected from this company showed that the variance of their ages is 112. Using a 2.5% significance level, can you conclude that the current variance of the ages of workers at this company is lower than 133?
In 2014, the variance of the ages of all workers at a large company that has more than 30,000 employees was 133. A recent random sample of 25 workers selected from this company showed that the variance of their ages is 112. Using a 2.5% significance level, can you conclude that the current variance of the ages of workers at this company is lower than 133?
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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In 2014, the variance of the ages of all workers at a large company that has more than 30,000 employees was 133. A recent random sample of 25 workers selected from this company showed that the variance of their ages is 112. Using a 2.5% significance level, can you conclude that the current variance of the ages of workers at this company is lower than 133?
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