Question: Refer to Exercise 13.123. Do the data allow us to conclude that there is more variation in total capital gains (KGTOTAL) for self-employed individuals than
Refer to Exercise 13.123. Do the data allow us to conclude that there is more variation in total capital gains (KGTOTAL) for self-employed individuals than for employees?
In exercise 13.123
The financial rewards for self-employment can be considerable. The downside may be that one works long hours accruing debts with little or no financial return. As a result we theorize that the variance in compensation will be greater for the self-employed (OCCAT1: 1 = work for someone else, 2 = self-employed/partnership). Conduct a test to determine if the variation in income for the self-employed is greater than that of employees (INCOME).
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