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 correct conclusion for a test on a difference in the variances?
A)There is no evidence of a difference in the variances.
B)There is evidence of a difference in the variances.
C)There is no evidence that the variances are the same.
D)There is evidence that variances are the same.

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 correct conclusion for a test on a difference in the variances?
A)There is no evidence of a difference in the variances. 
B)There is evidence of a difference in the variances. 
C)There is no evidence that the variances are the same. 
D)There is evidence that variances are the same.

Quizplus · Accepted Answer

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 correct conclusion for a test on a difference in the variances?
A)There is no evidence of a difference in the variances. 
B)There is evidence of a difference in the variances. 
C)There is no evidence that the variances are the same. 
D)There is evidence that variances are the same.

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