TABLE 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) : 
₁ = 60.35, S₁ = 3.25, n₁ = 12
Sample II (financial planning) : 
₂ = 58.20, S₂ = 2.48, n₂ = 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 Table 10-15, suppose α = 0.05. Which of the following represents the result of the test on a difference in the variances?
Definitions:
Demoralize
To undermine the confidence, spirits, or discipline of an individual or group, often through continuous failure or frustration.
Technical Skill
The ability to perform tasks that require specific knowledge, often related to practical use of tools, machines, techniques, or systems.
Ability Factor
An individual's innate or acquired capability to perform specific tasks or activities successfully.
Goals and Expectations
The objectives and standards set by an individual or organization, outlining desired achievements and performance levels.
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