The data are repeated here (next column). You used the small-sample t-statistic to form a confidence interval
Question:
a. Set up the null and alternative hypotheses for testing the equality of variances.
b. Find the sample variances for the two cooperatives.
c. Compute the test statistic.
d. Find the approximate p-value of the test.
e. Make the appropriate conclusion using α = .01.
For Information: Refer to the Bulletin of Marine Science (April 2010) study of lobster trap placement. Exercise 8.12.
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Related Book For
Statistics For Business And Economics
ISBN: 9780321826237
12th Edition
Authors: James T. McClave, P. George Benson, Terry T Sincich
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