3. [-/3.2 Points) DETAILS ASWSBE14 11.E.018. You may need to use the appropriate technology to answer this question. Bar

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3 3 2 Points Details Aswsbe14 11 E 018 You May Need To Use The Appropriate Technology To Answer This Question Bar 1 (35.18 KiB) Viewed 15 times

3. [-/3.2 Points) DETAILS ASWSBE14 11.E.018. You may need to use the appropriate technology to answer this question. Barron's has collected data on the top 1,000 financial advisers. Company A and Company B have many of their advisers on this list. A sample of 16 of the Company A advisers and 10 of the Company advisers showed that the advisers managed many very large accounts with a large variance in the total amount of funds managed. The standard deviation of the amount managed by the Company A advisers was 5, $587 million. The standard deviation of the amount managed by the Company B advisers was s-$482 milion. Conduct a hypothesis test at a=0.10 to determine f there is a significant difference in the population variances for the amounts managed by the two companies. What is your conclusion about the variability in the amount of funds managed by advisers from the two firms? State the null and alternative hypotheses. Mo "₂" Find the value of the test statistic (Round your answer to two decimal places.) Find the p-value. (Round your answer to four decimal places.) p-value= MY NOTES OOOI ASK YOUR TEACHER PRACTICE ANOTHER State your conclusion O Do not reject Hg. We can conclude there is a statistically significant difference between the variances for the two companies. Reject H. We can conclude there is a statistically significant difference between the variances for the two companies. Reject Ho. We cannot conclude there is a statistically significant difference between the variances for the two companies. O Do not reject H. We cannot conclude there is a statistically significant difference between the variances for the two companies. 205