or two brands of CD players (assuming the distribution of prices is normal for both orands). The manager conducts a random survey of retail outlets and obtains the followi esults: Onkyo X, = 150 JVC X2 = 145 Mean S2 = 10 = 24 Standard Deviation S1 15 Sample Size n1 10 n2 Jse the information to test Ho: of sož versus Ha: of > ož with a = 0.01. What do you onclude?

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2. [3 points] A marketing manager wishes to compare the variances in the prices charged
for two brands of CD players (assuming the distribution of prices is normal for both
brands). The manager conducts a random survey of retail outlets and obtains the following
results:
Onkyo
X, = 150
S1 = 15
JVC
X2 = 145
S2
24
Мean
Standard Deviation
10
Sample Size
n1
-10
n2
0.01. What do you
Use the information to test Ho:of <ož versus Ha: o? > ož with a =
conclude?
Transcribed Image Text:2. [3 points] A marketing manager wishes to compare the variances in the prices charged for two brands of CD players (assuming the distribution of prices is normal for both brands). The manager conducts a random survey of retail outlets and obtains the following results: Onkyo X, = 150 S1 = 15 JVC X2 = 145 S2 24 Мean Standard Deviation 10 Sample Size n1 -10 n2 0.01. What do you Use the information to test Ho:of <ož versus Ha: o? > ož with a = conclude?
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