In a sample of 50 business trips taken by employees in the HR department, a company finds that the average amount spent for the trips was $1450 with a standard deviation of $450. In a sample of 90 trips taken by the employees in the sales department is $1650 with a standard deviation of $550. When testing the hypothesis (at the 10% level of significance) that the variance of the amount spent on trips is significantly larger in one department than the other, if the p-value 0.063, what is your conclusion concerning the null hypothesis select a) reject null hypothesis or b) fail to reject null hypothesi
In a sample of 50 business trips taken by employees in the HR department, a company finds that the average amount spent for the trips was $1450 with a standard deviation of $450. In a sample of 90 trips taken by the employees in the sales department is $1650 with a standard deviation of $550. When testing the hypothesis (at the 10% level of significance) that the variance of the amount spent on trips is significantly larger in one department than the other, if the p-value 0.063, what is your conclusion concerning the null hypothesis select a) reject null hypothesis or b) fail to reject null hypothesi
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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12) In a sample of 50 business trips taken by employees in the HR department, a company finds that the average amount spent for the trips was $1450 with a standard deviation of $450. In a sample of 90 trips taken by the employees in the sales department is $1650 with a standard deviation of $550. When testing the hypothesis (at the 10% level of significance) that the variance of the amount spent on trips is significantly larger in one department than the other, if the p-value 0.063, what is your conclusion concerning the null hypothesis
select
a) reject null hypothesis
or
b) fail to reject null hypothesis
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