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OpenStax, Introductory Business Statistics 2e §11.2 Test of a Single Variance · Exercise 22 · Statistics · Chi-square tests

Test of a Single Variance · Exercise 22

Consumers may be interested in whether the cost of a particular calculator varies from store to store. Based on surveying 43 stores, which yielded a sample mean of $84 and a sample standard deviation of $12, test the claim that the standard deviation is greater than $15.

This is an open-ended exercise: its source gives no single answer.

~8 minWritten answer · compare with the solution

OpenStax, Introductory Business Statistics 2e · §11.2 Test of a Single Variance · Exercise 22

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