Question: Thomas Economic Forecasting Inc. and Harmon Econometrics have the same mean error in forecasting the stock market over the last ten years. However, the standard

Thomas Economic Forecasting Inc. and Harmon Econometrics have the same mean error in forecasting the stock market over the last ten years. However, the standard deviation for Thomas is 30 points and for Harmon is 60 points. At the 0.05 significance level, can we conclude that there is more variation in the forecast given by Harmon Econometrics?
Select one:
a.
Ho is rejected. There is more variation in the Harmon forecast.
b.
Ho is rejected. There is not more variation in the Harmon forecast.
c.
Ho is not rejected. There is not more variation in the Harmon forecast.
d.
4.85
e.
Ho is not rejected. There is more variation in the Harmon forecast.

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