Let x represent the average annual salary of college and university professors (in thousands of dollars) in the United States. For all colleges and universities in the United States, the population variance of x is approximately ?2 = 47.1. However, a random sample of 18 colleges and universities in Kansas showed that x has a sample variance s2 = 86.1. Use a 5% level of significance to test the claim that the variance for colleges and universities in Kansas is greater than 47.1. Find a 95% confidence interval for the population variance. ased on your answers in parts (a) to (c), will you reject or fail to reject the null hypothesis? Since the P-value > ?, we fail to reject the null hypothesis.Since the P-value > ?, we reject the null hypothesis. Since the P-value ≤ ?, we reject the null hypothesis.Since the P-value ≤ ?, we fail to reject the null hypothesis. (e) Interpret your conclusion in the context of the application. At the 5% level of significance, there is insufficient evidence to conclude the variance of annual salaries is greater in Kansas.At the 5% level of significance, there is sufficient evidence to conclude the variance of annual salaries is greater in Kansas. (f) Find the requested confidence interval for the population variance. (Round your answers to two decimal places.) lower limit upper limit

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Question

100%

Let x represent the average annual salary of college and university professors (in thousands of dollars) in the United States. For all colleges and universities in the United States, the population variance of x is approximately ?² = 47.1. However, a random sample of 18 colleges and universities in Kansas showed that x has a sample variance s² = 86.1. Use a 5% level of significance to test the claim that the variance for colleges and universities in Kansas is greater than 47.1. Find a 95% confidence interval for the population variance.

ased on your answers in parts (a) to (c), will you reject or fail to reject the null hypothesis?

Since the P-value > ?, we fail to reject the null hypothesis.Since the P-value > ?, we reject the null hypothesis. Since the P-value ≤ ?, we reject the null hypothesis.Since the P-value ≤ ?, we fail to reject the null hypothesis.

(e) Interpret your conclusion in the context of the application.

At the 5% level of significance, there is insufficient evidence to conclude the variance of annual salaries is greater in Kansas.At the 5% level of significance, there is sufficient evidence to conclude the variance of annual salaries is greater in Kansas.

(f) Find the requested confidence interval for the population variance. (Round your answers to two decimal places.)