$$\text { In comparing the two variances below, what is the test value and what are the degrees of freedom that }$$

question 21

Multiple Choice

$$\text { In comparing the two variances below, what is the test value and what are the degrees of freedom that }$$
$\begin{array}{|l|c|c|}\hline & \text { Variance } & \text { Number of values } \\\hline \text { Sample 1 } & 5 & 19 \\\hline \text { Sample 2 } & 11 & 29 \\\hline\end{array}$

• A) test value = 0.45, degrees of freedom = 19 and 29
• B) test value = 0.45, degrees of freedom = 18 and 28
• C) test value = 2.20, degrees of freedom = 28 and 18
• D) test value = 2.20, degrees of freedom = 29 and 19

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Definitions:

Accrued Liabilities

Expenses that have been incurred but not yet paid, recorded on the balance sheet until they are paid.

Indirect Method

A method of reporting cash flows from operating activities by adjusting net income for changes in balance sheet accounts.

Accounts Receivable

Money owed to a company by its customers for goods or services already delivered but not yet paid for.

Inventory

The complete list of items, such as raw materials, work-in-progress, and finished goods, that a company holds, which are often considered as assets.