If the Variances of the Two Populations Are Not Equal

question 10

True/False

If the variances of the two populations are not equal, it is appropriate to use the "pooled" formula to determine the t-statistic for the hypothesis test of the difference in the two population means.

---

Definitions:

Bargaining Power

The relative capacity of one of the parties in a negotiation or deal-making scenario to influence the terms of an agreement.

Non-Union Workers

Employees who are not members of a labor union and therefore may not benefit from collective bargaining agreements.

Economic Rent

The extra amount earned by a factor of production that exceeds the minimum amount necessary for it to be employed.

Labor Union

An organization formed by workers in the same trade or industry to collectively negotiate wages, benefits, working conditions, and rights.