What Is Assumed by the Homogeneity of Variance Assumption

question 80

Multiple Choice

What is assumed by the homogeneity of variance assumption?

• A)The two samples have equal variances.
• B)The two sample variances are not equal.
• C)The two populations have equal variances.
• D)The two population variances are not equal.

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Definitions:

Trial Balance

A financial statement that lists all balances in a firm's general ledger accounts at a specific point in time to verify that debits equal credits.

Account Balance

The amount of money in a financial repository, such as a bank account, at any given moment.

Interest Receivable

An accounting term referring to the interest income that has been earned but not yet received in cash.

Accounts Payable

Liabilities of a business that represent amounts due to suppliers or creditors for goods and services received but not yet paid for.