50.1K

Verified Solution

Question

Accounting

image
image
You would like to see if the standard deviation (variability) for the number of rooms occupied during the off-peak season is greater than the standard deviation of rooms occupied during the peak season for this current year. Use the information below and do a hypothesis test to see if the standard deviation (variability) for the number of rooms occupied during the off-peak season is greater than the standard deviation of rooms occupied during the peak season for this current year. Use a level of significance of .05. Peak Off-Peak Sample Standard Deviation 21 28 52 Size Sample 34 A What will be the alternative hypothesis? (ust need to state - 1-tail- Lower, 1-tail-Upper or 2-tail - just put one of those 3 answers in the body of the discussion board, but you will have a more detailed solution on your worksheet that you will attach as a PDF) B. What is the test statistics value (correct number of decimal places depending on which test statistic)? C. What is the probability of the test statistic for this specific problem? (take into consideration if this is 1-tailor 2-tail test) D What conclusion will you come to? just need to state Accept Hoor Reject Ho and Accept Ha- just put one of those 2 answers in the body of the discussion board, but you will have a more detailed solution (besides writing one of these statements you will write out in words what the conclusion means) on your worksheet that you will attach as a PDF). Use a level of significance of .05. sh.cachant natas W6 W MacBook Pro Peak 21 Sample Standard Deviation 28 52 Sample Size 34 What will be the alternative hypothesis? (just need to state - 1-tail- Lower, 1-tail-Upper or 2-tail - just put one of those 3 answers in the body of the discussion board, but you will have a more detailed solution on your worksheet that you will attach as a PDF) B. What is the test statistics value (correct number of decimal places depending on which test statistic)? C. What is the probability of the test statistic for this specific problem? (take into consideration if this is 1-tail or 2-tail test) D. What conclusion will you come to? (ust need to state Accept Ho or Reject Ho and Accept Ha - just put one of those 2 answers in the body of the discussion board, but you will have a more detailed solution (besides writing one of these statements you will write out in words what the conclusion means) on your worksheet that you will attach as a PDF). Use a level of significance of .05. E Using the critical value approach at what critical value will you start rejecting the null hypothesis? 4

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students