Question 2b Following the information in 2a, calculate the test statistics (F value) and find critical value to test the hypotheses (a-0.05). What is the conclusion?

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Question 2b
Following the information in 2a, calculate the test statistics (F value) and find critical value to test the hypotheses (a-0.05). What is the conclusion?
Transcribed Image Text:Question 2b Following the information in 2a, calculate the test statistics (F value) and find critical value to test the hypotheses (a-0.05). What is the conclusion?
Question 2a
We are interested in determining whether or not the variances of the starting salaries of supply chain management majors is significantly different from
international business majors. The following information was gathered from two samples. (15 points)
Supply Chain Management
17
$2,800
International Business
Sample Size
Sample standard deviation
a) Formulate the hypotheses.
$2,400
For tho to0
Transcribed Image Text:Question 2a We are interested in determining whether or not the variances of the starting salaries of supply chain management majors is significantly different from international business majors. The following information was gathered from two samples. (15 points) Supply Chain Management 17 $2,800 International Business Sample Size Sample standard deviation a) Formulate the hypotheses. $2,400 For tho to0
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