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

question 64

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) : $\bar { X } _ { 1 } = 60.35 , S _ { 1 } = 3.25 , n _ { 1 } = 12$
Sample II (financial planning) : $\bar { X } _ { 2 } = 58.20 , S _ { 2 } = 2.48 , n _ { 2 } = 14$ 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 ? = 0.01. Which of the following represents the result of the relevant hypothesis test?

• A) The alternative hypothesis is rejected.
• B) The null hypothesis is rejected.
• C) The null hypothesis is not rejected.
• D) Insufficient information exists on which to make a decision.

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Definitions:

Homosexual

An adjective used to describe individuals who are emotionally, romantically, or sexually attracted to members of the same sex.

Heterosexual

A sexual orientation characterized by a romantic or sexual attraction to individuals of the opposite sex.

Heritability

An index of the degree to which a characteristic is estimated to be influenced by heredity.

Sexual Orientation

An enduring pattern of emotional, romantic, or sexual attractions to men, women, both sexes, neither sex, or another sex, as well as a person's sense of identity based on those attractions.