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

question 163

Multiple Choice

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.
Sample I (public accounting) :

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,what assumptions are necessary for testing whether there is evidence of a difference in the variances to be valid?

• A)Both sampled populations are normally distributed.
• B)Both samples are random and independent.
• C)Neither (a)nor (b)is necessary.
• D)Both (a)and (b)are necessary.

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Definitions:

Ethnography

A qualitative research method focused on the systematic study of people and cultures from the insider’s perspective, through observation and interviews.

Manufacturing Company

A business specialized in the production of goods using labor, machines, tools, and chemical or biological processing.

Geertz's

Referring to the work or theoretical contributions of Clifford Geertz, an American anthropologist known for his interpretative approach to culture.

Webs of Significance

A concept in cultural anthropology that signifies the intricate and interconnected symbols and meanings in a society.