Two accounting professors decided to compare the variance of their grading procedures. To accomplish this, they each graded the same 10 exams, with the following results: Mean Grade 79.3 82.1 Professor 1 Professor 2 At the 2% level of significance, what is the decision? Standard Deviation 22.4 12.0

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Two accounting professors decided to compare the variance of their grading procedures. To accomplish this, they each
graded the same 10 exams, with the following results:
Mean Grade
79.3
82.1
Professor 1
Professor 2
At the 2% level of significance, what is the decision?
Standard Deviation
22.4
12.0
Transcribed Image Text:Two accounting professors decided to compare the variance of their grading procedures. To accomplish this, they each graded the same 10 exams, with the following results: Mean Grade 79.3 82.1 Professor 1 Professor 2 At the 2% level of significance, what is the decision? Standard Deviation 22.4 12.0
Multiple Choice
Reject the null hypothesis and conclude the variances are different.
Fail to reject the null hypothesis and conclude the variances are different.
Reject the null hypothesis and conclude the variances are the same.
Fail to reject the null hypothesis and conclude the variances are the same.
Transcribed Image Text:Multiple Choice Reject the null hypothesis and conclude the variances are different. Fail to reject the null hypothesis and conclude the variances are different. Reject the null hypothesis and conclude the variances are the same. Fail to reject the null hypothesis and conclude the variances are the same.
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