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Randomly Chosen MBA Students Were Asked Their Opinions About the Ideal

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Randomly chosen MBA students were asked their opinions about the ideal number of children for a married couple.The sample data were entered into MegaStat,and the following results were produced. Randomly chosen MBA students were asked their opinions about the ideal number of children for a married couple.The sample data were entered into MegaStat,and the following results were produced.   To compare the means,would it be appropriate to use a test that assumes equal variances? A) Yes,because by pooling our variances,we can simplify our calculations. B) Yes,we should assume equal variances when comparing independent samples. C) No,because the sample statistics show that the variances are unequal at α = 0.05. D) No,because the variances will differ because the means differ significantly. To compare the means,would it be appropriate to use a test that assumes equal variances?

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Definitions:

Solely

Refers to something done exclusively by one entity or individual, without involvement from others.

Principal's Business

The main activities and operations undertaken by a business or organization to fulfill its objectives and generate revenue.

Interest

The cost of borrowing money, typically expressed as an annual percentage rate, or the income earned from lending money.

Agency Law

The legal principles governing the relationship between an agent, who acts for another person (the principal), and the rights and obligations that arise from this relationship.

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