Question: Consider the following hypothesis test. HI] : C? = 0': H : a: -, 0% a. What is your conclusion if R1 = 21, 5%

Consider the following hypothesis test. HI] : C"? = 0': H : a": -, 0% a. What is your conclusion if R1 =

a = 0.05 and the p-value approach. Calculate the value of the

Consider the following hypothesis test. HI] : C"? = 0': H : a": -, 0% a. What is your conclusion if R1 = 21, 5% = 8.2, n; = 26, and 52 = 4.0? Use a = 0.05 and the p-value approach. Calculate the value of the test statistic (to 2 decimals}. The pvalue is M. Use Table 4 of Appendix B. What is your conclusion? Cannot conclude that the two population variances are different V M b. Repeat the test using the critical value approach. What is the rejection rule for this hypothesis test? Round the critical values to 2 decimal places. Ree-eeH _

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2. Find out if there are other reference points that can be used as reasonable alternatives.

1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.