For the Samples Summarized Below, Test the Hypothesis That the Two

question 70

Multiple Choice

For the samples summarized below, test the hypothesis that the two variances are equal, at $\alpha = 0.05$
$\begin{array}{l|cc} & \text { Sample 1 } & \text { Sample 2 } \\\hline \text { Sample variance } & 25 & 10 \\\text { Sample size } & 7 & 17\end{array}$

• A) Accept the hypothesis because the test value 6.25 is greater than the critical value 3.34.
• B) Reject the hypothesis because the test value 6.25 is greater than the critical value 3.16.
• C) Reject the hypothesis because the test value 2.50 is less than the critical value 3.16
• D) Accept the hypothesis because the test value 2.50 is less than the critical value 3.34

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Definitions:

Net Income

The total profit of a business after all expenses and taxes have been subtracted from revenue.

Cost Allocation

The process of identifying, aggregating, and assigning costs to cost objects, such as products, services, or departments.

Intangible Asset

An identifiable non-monetary asset without physical substance, such as patents, trademarks, and goodwill, that provides economic benefits.

Amortization

The process of spreading the cost of an intangible asset over its useful life.