Multiple Choice
TABLE 10-15
The table below presents the summary statistics for the starting annual salaries (in thousands of dollars) for individuals entering the public accounting and financial planning professions.
Sample I (public accounting) : 1 = 60.35,S1 = 3.25,n1 = 12
Sample II (financial planning) : 2 = 58.20,S2 = 2.48,n2 = 14
Test whether the mean starting annual salaries for individuals entering the public accounting professions is higher than that of financial planning assuming that the two population variances are the same.
-Referring to Table 10-15,state the null and alternative hypotheses for testing whether there is evidence of a difference in the variances of the starting annual salaries.
A) H0 : -
≥ 0 versus H1 :
-
< 0
B) H0 : -
≤ 0 versus H1 :
-
> 0
C) H0 : -
= 0 versus H1 :
-
≠ 0
D) H0 : -
≠ 0 versus H1 :
-
= 0
Correct Answer:

Verified
Correct Answer:
Verified
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