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Variance equality and examples

Lecture Six introduces you to the F-test for variance equality. Last week, we discussed how adding a variation measure to reports of means was a smart thing to do. Why does variation make our analysis of the equal pay for equal work question more complicated?  What causes of variation impact salary that we have not discussed yet? How can you relate this issue to measures used in your personal or professional lives?

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Files: Week_2_Lecture_6_update_03022017.pdf
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