Question: There are advantages and disadvantages to working for ones self. The advantages are that the rewards can be substantial. However it is also possible to

There are advantages and disadvantages to working for one’s self. The advantages are that the rewards can be substantial. However it is also possible to have nothing to show for a lot of work. In theory the variation in income for self-employed individuals is greater than the variation in income for people who work for someone else (WRKSLF: 1 = self employed, 2 = work for someone else). Conduct a test to determine whether there is enough evidence to support the theory (RINCOME).

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H 0 2 1 2 2 1 H 1 2 1 2 2 1 F 236 pvalue 0 There is enough evidence to infer that the variance i... View full answer

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