Consider the following competing hypotheses and relevant summary statistics: (You may find it useful to reference the appropriate table: chi-square table or F table)
H0: ϲā/ϲā ā„ 1
HA: ϲā/ϲā < 1
Sample 1: s²ā = 1,423, and nā = 29
Sample 2: s²ā = 1,593, and nā = 15
a. Calculate the value of the test statistic. (Round intermediate calculations to at least 4 decimal places and final answer to 3 decimal places.)
Test statistic
b-1. Find the p-value.
p-value ā„ 0.10
0.05 ⤠p-value < 0.10
0.025 ⤠p-value < 0.05
0.01 ⤠p-value < 0.025
p-value < 0.01
b-2. At α = 1%, what is your conclusion?
Do not reject H0; we cannot say that variance 1 is lower than variance 2.
Do not reject H0; we can say that variance 1 is lower than variance 2.
Reject H0; we cannot say that variance 1 is lower than variance 2.
Reject H0; we can say that variance 1 is lower than variance 2.