You are in charge of rural economic development in a rapidly developing country that is using its
Question:
a. Use a hypothesis test with a probability of Type I error = 0.05 to determine if there is strong evidence to support the conclusion that the new process leads to higher output per hectare, and interpret the results.
b. Under the assumption that the population variances are equal, construct a 95% acceptance interval for the ratio of the sample variances. Do the observed sample variances lead us to conclude that the population variances are the same? Please explain.
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Related Book For
Statistics For Business And Economics
ISBN: 9780132745659
8th Edition
Authors: Paul Newbold, William Carlson, Betty Thorne
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