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A study found that the variance in the number of vehicles owned or leased by subscribers to a magazine is 0.88 . Assume a sample of 12 subscribers to another magazine provided the following data on the number of vehicles owned or leased: 1,1,1,1,3,2,1,1,2,1,0 and 1. a. Compute the sample variance in the number of vehicles owned or leased by the 12 subscribers (to 4 decimals). b. Test the hypothesis H0: variance squared = 0.88 to determine whether the variance in the number of vehicles owned or leased by subscribers of the other magazine differs variance square= 0.88 from. Calculate the value of the test statistic (to 3 decimals). Two-tail -value is At a.05 level of significance, what is your conclusion? We null hypothesis. sample of 16 items from population 1 has a sample variance
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