Using the accompanying data of restaurant sales, determine if the variance of weekday sales is the same as that of weekend sales for each of the three variables (lunch, dinner, and delivery). Click the icon to view the restaurant sales data. Is there sufficient evidence at the 0.01 level of significance to conclude that the variance of weekday sales is the same as that of weekend sales for lunch sales? Determine the null hypothesis, H. and the alternative hypothesis, H,. Let weekend sales be population 1 and weekday sales be population 2. Ho 61 2 2 Ho H. 0 (Type integers or decimals. Do not round. Survey data X Date Day Lunch Sales $ Dinner Sales $ Delivery Sales $ Compute the test statistic. 4-Apr Wednesday 358 789 293 (Round to two decimal places as needed.) 11-Apr Wednesday 388 665 299 18-Apr Wednesday 426 628 269 25-Apr Wednesday 331 729 253 3-Apr Tuesday 296 648 325 10-Apr Tuesday 308 572 328 17-Apr Tuesday 297 588 358 24-Apr Tuesday 229 529 402 5-Apr Thursday 402 308 273 12-Apr Thursday 420 900 248 19-Apr Thursday 337 904 284 26-Apr Thursday 426 934 352 6-Apr Friday 444 1286 1238 13-Apr Friday 509 1175 1058 20-Apr Friday 486 1332 1253 27-Apr Friday 380 1414 1140 1-Apr Saturday 874 1338 491 8-Apr Saturday 698 1217 339 15-Apr Saturday 737 1144 333 22-Apr Saturday 856 1330 322 29-Apr Saturday 782 1226 404 31-Mar Sunday 542 1475 879 7-Apr Sunday 452 1857 792 14-Apr Sunday 513 1588 705 21-Apr Sunday 013 1737 640 23-Apr Sunday 592 1854 592
Using the accompanying data of restaurant sales, determine if the variance of weekday sales is the same as that of weekend sales for each of the three variables (lunch, dinner, and delivery). Click the icon to view the restaurant sales data. Is there sufficient evidence at the 0.01 level of significance to conclude that the variance of weekday sales is the same as that of weekend sales for lunch sales? Determine the null hypothesis, H. and the alternative hypothesis, H,. Let weekend sales be population 1 and weekday sales be population 2. Ho 61 2 2 Ho H. 0 (Type integers or decimals. Do not round. Survey data X Date Day Lunch Sales $ Dinner Sales $ Delivery Sales $ Compute the test statistic. 4-Apr Wednesday 358 789 293 (Round to two decimal places as needed.) 11-Apr Wednesday 388 665 299 18-Apr Wednesday 426 628 269 25-Apr Wednesday 331 729 253 3-Apr Tuesday 296 648 325 10-Apr Tuesday 308 572 328 17-Apr Tuesday 297 588 358 24-Apr Tuesday 229 529 402 5-Apr Thursday 402 308 273 12-Apr Thursday 420 900 248 19-Apr Thursday 337 904 284 26-Apr Thursday 426 934 352 6-Apr Friday 444 1286 1238 13-Apr Friday 509 1175 1058 20-Apr Friday 486 1332 1253 27-Apr Friday 380 1414 1140 1-Apr Saturday 874 1338 491 8-Apr Saturday 698 1217 339 15-Apr Saturday 737 1144 333 22-Apr Saturday 856 1330 322 29-Apr Saturday 782 1226 404 31-Mar Sunday 542 1475 879 7-Apr Sunday 452 1857 792 14-Apr Sunday 513 1588 705 21-Apr Sunday 013 1737 640 23-Apr Sunday 592 1854 592
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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