Annual growth rates for individual firms in the toy industry tend to fluctuate dramatically, depending on consumers'
Question:
a. State the null and the alternative hypotheses in order to determine if the variance of growth rates differs for the two firms.
b. What assumption regarding the population is necessary to implement this step?
c. Specify the critical value(s) at α = 0.05.
d. What is your conclusion?
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Related Book For
Business Statistics Communicating With Numbers
ISBN: 9780078020551
2nd Edition
Authors: Sanjiv Jaggia, Alison Kelly
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