Solved

A Company Compared the Variance of Salaries for Employees Who

Question 98

Essay

A company compared the variance of salaries for employees who have been employed for 5 years or less with employees who have been employed for 10 years or more. They randomly selected 21 employees with 5 years or less experience and 15 employees with 10 years or more experience. The standard deviation for the group with 5 years or less experience was $2,225; the standard deviation for the group with 10 years or more experience was $1,875. Using the 0.05 significance level, what is the F critical value for the hypothesis test?

Correct Answer:

verifed

Verified

2.39
Explanation: The null hypothesis is...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions