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Compare average salaries for University A and B graduates

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Survey results showed that of the 30 graduates from University A they had an average salary of $80,000 with a variance of $40,000. A similar survey of 40 graduates of University B showed they had an average salary of $80,000 with a variance of $2,000. If admitted to both universities where should you attend?

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The expert compares the average salaries for University A and B graduates.

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State the null and alternate hypothesis:
Null Hypothesis: The variance in salary of graduates from University A is smaller than or equal to the variance in salary of graduates from University B.
H_0: 〖σ_1〗^2≤〖σ_2〗^2
Alternate Hypothesis: The ...

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