Compute the value of the test statistic

Assignment Help Basic Statistics
Reference no: EM132849239

A stockbroker at Critical Securities reported that the mean rate of return on a sample of 11 oil stocks was 2.78% with a standard deviation of 5.5%. The mean rate of return on a sample of 9 utility stocks was 14.2% with a standard deviation of 3.3%. At the 0.01 significance level, can we conclude that there is more variation in the oil stocks?

H0: σ21 - σ22 ≤ 0

H1: σ21 - σ22 > 0

a. State the decision rule. (Round the final answer to 2 decimal places.)

Reject H0 when F > .

b. Compute the value of the test statistic. (Round the final answer to 2 decimal places.)

Value of the test statistic

c. What is your decision regarding H0?

Reference no: EM132849239

Questions Cloud

Find resulting sample standard deviation : The amount of lateral expansion (mils) was determined for a sample of ns(a)2(b) ?= 11 pulsed-power gas metal arc welds used in LNG ship containment tanks.
What is your learning impression and takeaway of Ainu music : After viewing the videos and discussion today, what is your learning impression and takeaway of Okinawan and/or Ainu music
Determine the population variance for water : The American Water Works Association reports that, on average, men use between 40 L and 60 L of water daily to shave when they leave the water running. Suppose
How a research question and a hypothesis are similar : There are many similarities between a research question and a hypothesis. In fact, many researchers use the terms interchangeably. However, there are some impor
Compute the value of the test statistic : A stockbroker at Critical Securities reported that the mean rate of return on a sample of 11 oil stocks was 2.78% with a standard deviation of 5.5%. The mean ra
What is the probability that only one letter is inserted : What is the probability that only one letter is inserted in the proper envelope?
Test difference of proportions : Test Difference of Proportions to investigate this observed difference in proportions and calculated p-value 0.22.a. Each of the following conclusions is wrong.
Why does the dependent t test give contradictory results : Why does the dependent t test give contradictory results to the independent t test on the same data?
What is the point estimate : The sample mean is computed to be $35,420 and the sample standard deviation is $2,050. What is the point estimate?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd