The standard deviation of the daily temperatures in Honolulu last year was 4 degrees Fahrenheit. A random sample of 25 days resulted in a standard deviation of 5.8 degrees Fahrenheit. Has there been a significant increase in the variance of the temperatures? Use ? = .05.

What will be an ideal response?


Since ?2 = 50.46 > 36.415 (p-value is less than .005), reject H0; there has been a significant increase in the variance of the temperatures in Honolulu.?

Business

You might also like to view...

Recency theory suggests a person must see an advertisement three times before it will have an effect

Indicate whether the statement is true or false

Business

Describe the need for forum-selection and choice-of-law clauses

What will be an ideal response?

Business

What traditionally caused the barriers suffered by women, older adults, and ethnic/racial minorities?

a. Employees in the in-groups didn’t want to lower their status level by including out-group individuals. b. Most felt that the qualifications and professionalism of these individuals were suspect. c. There was a perception that most individuals in the group didn’t really want to accept greater responsibility and so they added very little value to the organization. d. The barriers were typically the result of competitive relationships between identity groups.

Business

________ involves reducing the number of variations in materials and components as an aid to cost management

Fill in the blanks with correct word

Business