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11.33. The accounting department analyzes the variance of the weekly unit costs

ID: 3059342 • Letter: 1

Question

11.33. 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 5.4, respectively. Is this sample sufficient to conclude that the two production departments differ in terms of unit cost variance? Use a = .10.

For problem 11.33, which of the following is(are) the critical value(s)?

1.97

-1.65, 1.65

0.42, 2.40

1.341

-1.96, 1.96

1.97

-1.65, 1.65

0.42, 2.40

1.341

-1.96, 1.96

Explanation / Answer

11.33. 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 5.4, respectively. Is this sample sufficient to conclude that the two production departments differ in terms of unit cost variance? Use a = .10.

For problem 11.33, which of the following is(are) the critical value(s)?

1.97

-1.65, 1.65

0.42, 2.40

1.341

-1.96, 1.96

1.97

-1.65, 1.65

0.42, 2.40

1.341

-1.96, 1.96