We are interested in determining whether or not the variances of the starting salaries of accounting majors are significantly different from the starting salaries of management majors. The following information was gathered from two samples: $$\begin{array} { l c c }
& \text { Accounting } & \text { Management } \
\text { Sample size } & 16 & 16 \
\text { Average monthly income } & \$ 2,400 & \$ 2,500 \
\text { Standard deviation } & \$ 105 & \$ 125
\end{array}$$ At a 5% level of significance, test to determine whether or not the variances are equal.

Question

We are interested in determining whether or not the variances of the starting salaries of accounting majors are significantly different from the starting salaries of management majors. The following information was gathered from two samples: $$\begin{array} { l c c } 
& \text { Accounting } & \text { Management } \
\text { Sample size } & 16 & 16 \
\text { Average monthly income } & \$ 2,400 & \$ 2,500 \
\text { Standard deviation } & \$ 105 & \$ 125
\end{array}$$ At a 5% level of significance, test to determine whether or not the variances are equal.
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Quizplus · Accepted Answer

The Answer of We are interested in determining whether or not the variances of the starting salaries of accounting majors are significantly different from the starting salaries of management majors. The following information was gathered from two samples: $$\begin{array} { l c c } 
& \text { Accounting } & \text { Management } \
\text { Sample size } & 16 & 16 \
\text { Average monthly income } & \$ 2,400 & \$ 2,500 \
\text { Standard deviation } & \$ 105 & \$ 125
\end{array}$$ At a 5% level of significance, test to determine whether or not the variances are equal.
​

We Are Interested in Determining Whether or Not the Variances