A Company Compared the Variance of Salaries for Employees Who

question 98

Essay

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 was $1,875. Using the 0.05 significance level, what is the F critical value for the hypothesis test?

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Definitions:

Relative Deprivation

A feeling of dissatisfaction or injustice experienced by people who believe they have less than they deserve, often in comparison to others.

Race Riots

Violent conflicts that arise from tensions or confrontations between racial groups within a community or society.

Social Unrest

A state of discontent, disagreement, or disorder within a community, often leading to protests, strikes, or violence.

Intergroup Behaviour

Interactions and behaviors that occur between different groups or social categories, often influenced by social norms, prejudice, and group identity.