Two Accounting Professors Decided to Compare the Variance of Their

question 83

Multiple Choice

Two accounting professors decided to compare the variance of their grading procedures.To accomplish this they each graded the same 10 exams with the following results: At the 1% level of significance,what is the decision?

• A)Reject the null hypothesis and conclude the variance is different.
• B)Fail to reject the null hypothesis and conclude the variance is different.
• C)Reject the null hypothesis and conclude the variance is the same.
• D)Fail to reject the null hypothesis and conclude the variance is the same.

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Definitions:

Distinctiveness

The quality of being distinguishable or markedly different from others, often leading to a sense of individuality.

Consistency

The degree to which a person or process reliably produces the same results over time.

Consensus

A general agreement or collective opinion among a group of individuals.

Frequency

The rate at which a periodic phenomenon occurs, such as the number of waves passing a point in one second.