SCENARIO 10-15 The table below presents the summary statistics for the starting annual salaries (in thousands of dollars)for individuals entering the public accounting and financial planning professions. Test whether the mean starting annual salaries for individuals entering the public accounting professions is higher than that of financial planning assuming that the two population variances are the same.
-Referring to Scenario 10-15, suppose = 0.05.Which of the following represents the result of the test on a difference in the variances?
A)The alternative hypothesis is rejected.
B)The null hypothesis is rejected.
C)The null hypothesis is not rejected.
D)Insufficient information exists on which to decide.

Question

SCENARIO 10-15 The table below presents the summary statistics for the starting annual salaries (in thousands of dollars)for individuals entering the public accounting and financial planning professions.  Test whether the mean starting annual salaries for individuals entering the public accounting professions is higher than that of financial planning assuming that the two population variances are the same.
-Referring to Scenario 10-15, suppose  = 0.05.Which of the following represents the result of the test on a difference in the variances?
A)The alternative hypothesis is rejected. 
B)The null hypothesis is rejected. 
C)The null hypothesis is not rejected. 
D)Insufficient information exists on which to decide.

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The Answer of SCENARIO 10-15 The table below presents the summary statistics for the starting annual salaries (in thousands of dollars)for individuals entering the public accounting and financial planning professions.  Test whether the mean starting annual salaries for individuals entering the public accounting professions is higher than that of financial planning assuming that the two population variances are the same.
-Referring to Scenario 10-15, suppose  = 0.05.Which of the following represents the result of the test on a difference in the variances?
A)The alternative hypothesis is rejected. 
B)The null hypothesis is rejected. 
C)The null hypothesis is not rejected. 
D)Insufficient information exists on which to decide.

SCENARIO 10-15 the Table Below Presents the Summary Statistics for the Starting