The information 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 1 (public accounting): S1 = 3.25, n1 = 12

Sample 2 (financial planning): S2 = 2.48, n2 = 14

Note that “n” is sample size, and “s” is sample standard deviation.

We wish to determine if the population variances are equaled based on the sample data. Assume that the critical value for F is 4.22 (i.e., Fcrit = 4.22).

Referring to Scenario 4, the null hypothesis is?

Answer rating: 100% (QA)

From the given information S n Sample 1 325 12 Sample 1 248 14 Null hypoth... View the full answer