A Sample of 60 Items from Population 1 Has a Sample

question 21

Multiple Choice

A sample of 60 items from population 1 has a sample variance of 8, while a sample of 40 items from population 2 has a sample variance of 10. If we test whether the variances of the two populations are equal, the test statistic will have a value of _____.

• A) .8
• B) 1.56
• C) 1.5
• D) 1.25

---

Definitions:

Straight-Line Depreciation

A method of allocating the cost of a tangible asset evenly over its useful life.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the company's strategic objectives, focusing on projects that will generate value over time.

Incremental Sales

The increase in sales revenue attributed to a specific marketing effort or event.

Operating Expenses

Costs incurred in the day-to-day operations of a business, excluding the cost of goods sold, such as rent, salaries, and utilities.