A Random Sample of Ersatz University Students Revealed That 16

question 56

Multiple Choice

A random sample of Ersatz University students revealed that 16 females had a mean of $22.30 in their wallets with a standard deviation of $3.20,while 16 males had a mean of $17.30 with a standard deviation of $9.60.In comparing the population variances at  = .10 in a two-tailed test,we conclude that:

• A) the variances are equal.
• B) the variances are unequal.
• C) the variances are incomparable (different sample sizes).

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Definitions:

Flexible Benefit Programs

Programs that allow employees to select the mix of benefits and services that will answer their individual needs. Also known as cafeteria benefit programs.

Vacation Time

Allocated time off work provided by employers for employees to rest, travel, or engage in personal activities.

Employee Discount Plans

Benefits offered by employers that allow their employees to purchase the company's products or services at a reduced price.

Organizations

Groups of individuals structured to achieve common goals or objectives, which can include businesses, government agencies, non-profits, and more.