​Consider the Following Sample Information from Population a and Population

question 37

Multiple Choice

​Consider the following sample information from Population A and Population B. ​
​
Sample A
Sample B
N
24
16
S²
32
38
​​
We want to test the hypothesis that the population variances are equal.At the 10% level of significance, the null hypothesis

• A) should be rejected.
• B) ​should not be rejected.
• C) ​should be revised.
• D) should not be tested.

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Definitions:

Long-lived Assets

Assets that are expected to provide economic benefits over a period longer than one year, such as buildings or machinery.

Goodwill

An intangible asset that arises when a buyer acquires an existing business, representing the premium paid over the fair value of the identifiable assets and liabilities.

ASPE

Accounting Standards for Private Enterprises; a set of accounting guidelines for private companies in Canada.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that guide how financial events are reported in financial statements globally.