A Company Compared the Variance of Salaries for Employees Who

question 41

Short Answer

A company compared the variance of salaries for employees who have been employed for 5 years or less with employees who have been employed for 10 years or more. They randomly selected 21 employees with 5 years or less experience and 15 employees with 10 years or more experience. The standard deviation for the group with 5 years or less experience was $2,225; the standard deviation for the group with 10 years or more experience is $1,875. What is the F test statistic for the hypothesis test?

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Definitions:

Strong Leadership

The ability of an individual or group to guide or direct others towards achieving goals through a combination of influence, integrity, and inspiration.

Leader

An individual who guides or influences others within a group or organization towards achieving goals.

Good Follower

An individual who supports leaders in achieving their goals while maintaining integrity, initiative, and a sense of responsibility.

Style Approach

A leadership approach that argues there is a specific set of skills managers can learn to become effective leaders.