Population Variances and Observations
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The following hypotheses are given. Please see the attached file.
A random sample of five observations from the first population resulted in a standard deviation
of 12. A random sample of seven observations from the second population showed
a standard deviation of 7. At the .01 significance level, is there more variation in the first
population?
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Solution Summary
This solution shows step-by-step calculations to determine the F-statistic and the F-critical value of the different populations. It compares the two values and makes a decision to accept or reject the null hypothesis concerning the variations in the populations.
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