Question:

You may need to use the appropriate technology to answer

Last updated: 1/29/2024

You may need to use the appropriate technology to answer

You may need to use the appropriate technology to answer this question On the basis of data provided by a salary survey the variance in annual salaries for senior partners in public accounting firms is approximately 2 1 and the variance in annual salaries for managers public accounting firms is approximately 12 1 The salary data were provided in thousands of dollars Assuming that the salary data were based on samples of 25 senior partners and 26 managers the hypothesis that the population variances in the salaries are equal At a 0 05 level of significance what is your conclusion State the null and alternative hypotheses Ho 0 0 H 0 0 0 Ho 0 0 H 0 0 Ho 0 50 H 0 0 Ho 0 2 0 H 0 10 Find the value of the test statistic Round your answer to two decimal places Find the p value Round your answer to four decimal places p value State your conclusion O Do not reject Ho We can conclude that the population variances are not equal for senior partners and managers O Do not reject Ho We cannot conclude that the population variances are not equal for senior partners and managers O Reject Ho We can conclude that the population variances are not equal for senior partners and managers O Reject Ho We cannot conclude that the population variances are not equal for senior partners and managers