A sample of 51 elements is selected to estimate a 95 confidence ...

[dejastew]

A sample of 51 elements is selected to estimate a 95 confidence interval for the variance of the population. The chi-square values to be used for this interval estimation are
 a. 27.99 and 79.49.
  b. 32.357 and 71.420.
  c. 34.764 and 67.505.
  d. 12.8786 and 46.9630.

Question 2

At the optimal order quantity for the quantity discount model, the sum of the annual holding and ordering costs is minimized.
 a. True
  b. False
  Indicate whether the statement is true or false

[zacnyjessica]

Answer to Question 1

b

Answer to Question 2

FALSE