Two accounting professors decided to compare the variance of their grading procedures. To accomplish this, they each graded the same 10 exams with the following results: At the 1% level of significance, what is the decision?
A) Reject the null hypothesis and conclude the variances are different.
B) Fail to reject the null hypothesis and conclude the variances are different.
C) Reject the null hypothesis and conclude the variances are the same.
D) Fail to reject the null hypothesis and conclude the variances are the same.

Question

Two accounting professors decided to compare the variance of their grading procedures. To accomplish this, they each graded the same 10 exams with the following results:  At the 1% level of significance, what is the decision?
A) Reject the null hypothesis and conclude the variances are different. 
B) Fail to reject the null hypothesis and conclude the variances are different. 
C) Reject the null hypothesis and conclude the variances are the same. 
D) Fail to reject the null hypothesis and conclude the variances are the same.

Quizplus · Accepted Answer

The Answer of Two accounting professors decided to compare the variance of their grading procedures. To accomplish this, they each graded the same 10 exams with the following results:  At the 1% level of significance, what is the decision?
A) Reject the null hypothesis and conclude the variances are different. 
B) Fail to reject the null hypothesis and conclude the variances are different. 
C) Reject the null hypothesis and conclude the variances are the same. 
D) Fail to reject the null hypothesis and conclude the variances are the same.

Two Accounting Professors Decided to Compare the Variance of Their