We Are Interested in Determining Whether or Not the Variances

question 17

Essay

We are interested in determining whether or not the variances of the starting salaries of accounting majors is significantly different from management majors.The following information was gathered from two samples.
Accounting
Management
Sample Size
21
18
Average Monthly Income
$3600
$3500
Variance
$900
$400
​
At the .1 level of significance, test to determine whether or not the variances are equal.

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Definitions:

Socializing Agents

Individuals, groups, or institutions that play a role in integrating individuals into the norms, values, and practices of a society.

Social Environment

The cultural, social, and psychological milieu that surrounds individuals and can affect their behavior and experiences.

Thomas Theorem

The principle that situations defined as real are real in their consequences, emphasizing the social construction of reality and its influence on behavior.

Extracurricular Activities

Activities that are pursued by students outside of the standard curriculum of school or college education, encompassing sports, clubs, music, arts, and volunteer work.