Question: A Fortune study found that the variance in the number of vehicles owned or leased by subscribers to Fortune magazine is 0.94.A sample of 12
AFortunestudy found that the variance in the number of vehicles owned or leased by subscribers toFortunemagazine is 0.94.A sample of 12 subscribers to another magazine resulted in a sample variance of 0.8106 (I calculated this for you).At the 0.05 level, test to see whether the variance in the number of vehicles for the other magazine is different from the variance forFortunesubscribers.
State the null and alternative hypotheses, calculate the Chi Square value, state your decision rule and give your decision.
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