Population variances in the salaries


On the basis of datd provided by a Romac salary survey, the variance in annual salaries forseniors in public accounting firms is approximately 2.1 and the variance in annual salaries for managers in public accounting firms is approximately 11.1. The salary data wereprovided in thousands of dollars. Assuming that the salary data were based on samples of 25 seniors and 26 managers, test the hypothesis that the population variances in the salaries are equal. At a .05 level of significance, what is your conclusion?

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Basic Statistics: Population variances in the salaries
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