State the conclusion based on the results of the test. According to the report, the standard deviation of monthly cell phone bills was $48.39 three years ago. A researcher suspects that the standard deviation of monthly cell phone bills is less today. The null hypothesis is not rejected. Choose the correct answer below. O A. There is sufficient evidence to conclude that the standard deviation of monthly cell phone bills is less than its level three years ago of $48.39. O B. There is not sufficient evidence to conclude that the standard deviation of monthly cell phone bills is less than its level three years ago of $48.39. OC. There is sufficient evidence to conclude that the standard deviation of monthly cell phone bills is different from its level three years ago of $48.39.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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State the conclusion based on the results of the test.

According to the report, the standard deviation of monthly cell phone bills was $48.39 three years ago. A researcher suspects that the standard deviation of monthly cell phone bills is less today. The null hypothesis is not rejected.

Choose the correct answer below.

- (A) There is sufficient evidence to conclude that the standard deviation of monthly cell phone bills is less than its level three years ago of $48.39.
- (B) There is not sufficient evidence to conclude that the standard deviation of monthly cell phone bills is less than its level three years ago of $48.39.
- (C) There is sufficient evidence to conclude that the standard deviation of monthly cell phone bills is different from its level three years ago of $48.39.
Transcribed Image Text:State the conclusion based on the results of the test. According to the report, the standard deviation of monthly cell phone bills was $48.39 three years ago. A researcher suspects that the standard deviation of monthly cell phone bills is less today. The null hypothesis is not rejected. Choose the correct answer below. - (A) There is sufficient evidence to conclude that the standard deviation of monthly cell phone bills is less than its level three years ago of $48.39. - (B) There is not sufficient evidence to conclude that the standard deviation of monthly cell phone bills is less than its level three years ago of $48.39. - (C) There is sufficient evidence to conclude that the standard deviation of monthly cell phone bills is different from its level three years ago of $48.39.
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