A large buyer of transportation services wants to compare th…
Questions
A lаrge buyer оf trаnspоrtаtiоn services wants to compare the standard deviation in delivery lead times between standard UPS and Fedex shipments.100 UPS shipments are randomly selected, and an analysis indicates a standard deviation of 4.2 days.150 Fedex shipments are randomly selected, and an analysis indicates a standard deviation of 3.3 days.Using this information, answer the following questions and test the claim that the standard deviation in delivery lead times for UPS is greater than that of Fedex, assuming alpha=0.01.(Hint: make sure you designate the sample with the larger variance as sample1 and the other as sample2 in your calculations. We are also always only interested in the right F critical value)What is the value of the F critical value? [Fcv] (round to 2 decimals)What is the value of the F test statistic? [Fts] (round to 2 decimals)What is the result of the hypothesis test? [result] (enter "reject H0" or "fail to reject H0")Is the claim supported? [support] (enter "yes" or "no")
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