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A recruitment specialist wishes to examine whether there is any difference between the variation in the salaries of accounting professionals and the variation in the salaries of marketing professionals. Taking a random sample of each group, she compiles the below information on the mean and variance of the salaries for both professions. At the 0.1 level of significance, is there enough evidence to conclude that the variance in the salaries of accounting professionals is different from the variance in the salaries of marketing professionals? (Use the p-value method to make your decision). Accountants Marketeers Sample Size Sample Mean Sample Variance 30 25 $40,752 $35,985 $3324 $2862

A recruitment specialist wishes to examine whether there is any difference between the variation in the salaries of accounting professionals and the variation in the salaries of marketing professionals. Taking a random sample of each group, she compiles the below information on the mean and variance of the salaries for both professions. At the 0.1 level of significance, is there enough evidence to conclude that the variance in the salaries of accounting professionals is different from the variance in the salaries of marketing professionals? (Use the p-value method to make your decision). Accountants Marketeers Sample Size Sample Mean Sample Variance 30 25 $40,752 $35,985 $3324 $2862

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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A recruitment specialist wishes to examine whether there is any difference between the variation in the salaries of accounting professionals and the variation in the salaries of marketing professionals. Taking a random sample of each group, she compiles the below information on the mean and variance of the salaries for both professions. At the 0.1 level of significance, is there enough evidence to conclude that the variance in the salaries of accounting professionals is different from the variance in the salaries of marketing professionals? (Use the p-value method to make your decision). Accountants Marketeers Sample Size Sample Mean Sample Variance 30 25 $40,752 $35.985 83324 $2862
Transcribed Image Text:A recruitment specialist wishes to examine whether there is any difference between the variation in the salaries of accounting professionals and the variation in the salaries of marketing professionals. Taking a random sample of each group, she compiles the below information on the mean and variance of the salaries for both professions. At the 0.1 level of significance, is there enough evidence to conclude that the variance in the salaries of accounting professionals is different from the variance in the salaries of marketing professionals? (Use the p-value method to make your decision). Accountants Marketeers Sample Size Sample Mean Sample Variance 30 25 $40,752 $35.985 83324 $2862
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