Two Accounting Professors Decided to Compare the Variation of Their

Multiple Choice

Two accounting professors decided to compare the variation of their grading procedures. To accomplish this, they each graded the same 10 exams with the following results: At the 5% level of significance, what is the decision?

A) Reject the null hypothesis and conclude the variance is different.
B) Fail to reject the null hypothesis and conclude no significant difference in the variance.
C) Reject the null hypothesis and conclude the variance is the same.
D) Fail to reject the null hypothesis and conclude the variance is the same.