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

question 129

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,suppose α = 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.

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