eBook O The accounting department analyzes the variance of the weekly unit costs reported by two production departments.

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Ebook O The Accounting Department Analyzes The Variance Of The Weekly Unit Costs Reported By Two Production Departments 1 (35.15 KiB) Viewed 96 times

eBook O The accounting department analyzes the variance of the weekly unit costs reported by two production departments. A sample of 16 cost reports for each of the two departments shows cost variances of 2.3 and 5.7, respectively. Is this sample sufficient to conclude that the two production departments differ in terms of unit cost variance? Use a = .10. O a. State the null and alternative hypotheses. K Ho: 01 equal to Ha: 12 not equal to b. Calculate the value of the test statistic (to 2 decimals). 02 c. The p-value is between .05 and .10: d. What is your conclusion? Conclude that the departments differ in terms of unit cost variance Hide Feedback Partially Correct