Using the accompanying data of restaurant sales, determine if the variance of weekday sales is the same as that of weekend sales for each of the three variables (lunch, dinner, and delivery). Click the icon to view the restaurant sales data. Is there sufficient evidence at the 0.01 level of significance to conclude that the variance of weekday sales is the same as that of weekend sales for lunch sales? Determine the null hypothesis, H. and the alternative hypothesis, H,. Let weekend sales be population 1 and weekday sales be population 2. Ho 61 2 2 Ho H. 0 (Type integers or decimals. Do not round. Survey data X Date Day Lunch Sales $ Dinner Sales $ Delivery Sales $ Compute the test statistic. 4-Apr Wednesday 358 789 293 (Round to two decimal places as needed.) 11-Apr Wednesday 388 665 299 18-Apr Wednesday 426 628 269 25-Apr Wednesday 331 729 253 3-Apr Tuesday 296 648 325 10-Apr Tuesday 308 572 328 17-Apr Tuesday 297 588 358 24-Apr Tuesday 229 529 402 5-Apr Thursday 402 308 273 12-Apr Thursday 420 900 248 19-Apr Thursday 337 904 284 26-Apr Thursday 426 934 352 6-Apr Friday 444 1286 1238 13-Apr Friday 509 1175 1058 20-Apr Friday 486 1332 1253 27-Apr Friday 380 1414 1140 1-Apr Saturday 874 1338 491 8-Apr Saturday 698 1217 339 15-Apr Saturday 737 1144 333 22-Apr Saturday 856 1330 322 29-Apr Saturday 782 1226 404 31-Mar Sunday 542 1475 879 7-Apr Sunday 452 1857 792 14-Apr Sunday 513 1588 705 21-Apr Sunday 013 1737 640 23-Apr Sunday 592 1854 592

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Using the accompanying data of restaurant sales, determine if the variance of weekday sales is the same as that of weekend sales for each of the three variables (lunch, dinner, and delivery).
Click the icon to view the restaurant sales data.
Is there sufficient evidence at the 0.01 level of significance to conclude that the variance of weekday sales is the same as that of weekend sales for lunch sales?
Determine the null hypothesis, H. and the alternative hypothesis, H,. Let weekend sales be population 1 and weekday sales be population 2.
Ho
61
2
2
Ho
H.
0
(Type integers or decimals. Do not round.
Survey data
X
Date
Day
Lunch Sales $
Dinner Sales $
Delivery Sales $
Compute the test statistic.
4-Apr
Wednesday
358
789
293
(Round to two decimal places as needed.)
11-Apr
Wednesday
388
665
299
18-Apr
Wednesday
426
628
269
25-Apr
Wednesday
331
729
253
3-Apr
Tuesday
296
648
325
10-Apr
Tuesday
308
572
328
17-Apr
Tuesday
297
588
358
24-Apr
Tuesday
229
529
402
5-Apr
Thursday
402
308
273
12-Apr
Thursday
420
900
248
19-Apr
Thursday
337
904
284
26-Apr
Thursday
426
934
352
6-Apr
Friday
444
1286
1238
13-Apr
Friday
509
1175
1058
20-Apr
Friday
486
1332
1253
27-Apr
Friday
380
1414
1140
1-Apr
Saturday
874
1338
491
8-Apr
Saturday
698
1217
339
15-Apr
Saturday
737
1144
333
22-Apr
Saturday
856
1330
322
29-Apr
Saturday
782
1226
404
31-Mar
Sunday
542
1475
879
7-Apr
Sunday
452
1857
792
14-Apr
Sunday
513
1588
705
21-Apr
Sunday
013
1737
640
23-Apr
Sunday
592
1854
592
Transcribed Image Text:Using the accompanying data of restaurant sales, determine if the variance of weekday sales is the same as that of weekend sales for each of the three variables (lunch, dinner, and delivery). Click the icon to view the restaurant sales data. Is there sufficient evidence at the 0.01 level of significance to conclude that the variance of weekday sales is the same as that of weekend sales for lunch sales? Determine the null hypothesis, H. and the alternative hypothesis, H,. Let weekend sales be population 1 and weekday sales be population 2. Ho 61 2 2 Ho H. 0 (Type integers or decimals. Do not round. Survey data X Date Day Lunch Sales $ Dinner Sales $ Delivery Sales $ Compute the test statistic. 4-Apr Wednesday 358 789 293 (Round to two decimal places as needed.) 11-Apr Wednesday 388 665 299 18-Apr Wednesday 426 628 269 25-Apr Wednesday 331 729 253 3-Apr Tuesday 296 648 325 10-Apr Tuesday 308 572 328 17-Apr Tuesday 297 588 358 24-Apr Tuesday 229 529 402 5-Apr Thursday 402 308 273 12-Apr Thursday 420 900 248 19-Apr Thursday 337 904 284 26-Apr Thursday 426 934 352 6-Apr Friday 444 1286 1238 13-Apr Friday 509 1175 1058 20-Apr Friday 486 1332 1253 27-Apr Friday 380 1414 1140 1-Apr Saturday 874 1338 491 8-Apr Saturday 698 1217 339 15-Apr Saturday 737 1144 333 22-Apr Saturday 856 1330 322 29-Apr Saturday 782 1226 404 31-Mar Sunday 542 1475 879 7-Apr Sunday 452 1857 792 14-Apr Sunday 513 1588 705 21-Apr Sunday 013 1737 640 23-Apr Sunday 592 1854 592
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