When testing the hypothesis at the 5 level of significance


In a sample of 50 business trips taken by employees in the HR department, a company finds that the average amount spent for the trips was $1450 with a standard deviation of $450. In a sample of 80 trips taken by the employees in the sales department is $1650 with a standard deviation of $700. When testing the hypothesis (at the 5% level of significance) that the variance of the amount spent on trips is significantly larger in one department than the other, what is the null and alternative hypotheses? (please write out the null and alternative hypotheses below AND on your scratch work...failure to do BOTH will result in 0 points)

Solution Preview :

Prepared by a verified Expert
Basic Statistics: When testing the hypothesis at the 5 level of significance
Reference No:- TGS01476186

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)