In a sample of 54 business trips taken by employees in the HR department, a company finds that the average amount spent for the trips was $1443 with a standard deviation of $484. In a sample of 82 trips taken by the employees in the sales department is $1656 with a standard deviation of $638. When testing the hypothesis (at the 5% level of significance) that the variance of the amount spent on trips is significantly larger in one department than the other, what is the test statistic?
In a sample of 54 business trips taken by employees in the HR department, a company finds that the average amount spent for the trips was $1443 with a standard deviation of $484. In a sample of 82 trips taken by the employees in the sales department is $1656 with a standard deviation of $638. When testing the hypothesis (at the 5% level of significance) that the variance of the amount spent on trips is significantly larger in one department than the other, what is the test statistic?
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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10) In a sample of 54 business trips taken by employees in the HR department, a company finds that the average amount spent for the trips was $1443 with a standard deviation of $484. In a sample of 82 trips taken by the employees in the sales department is $1656 with a standard deviation of $638. When testing the hypothesis (at the 5% level of significance) that the variance of the amount spent on trips is significantly larger in one department than the other, what is the test statistic?
*please round your answer to 2 decimal places*
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