24) The Melodic Kortholt Company will change its current health plan if at least half the...
24) The Melodic Kortholt Company will change its current health
plan if at least half the employees are dissatisfied with it. A
trial sample of 25 employees shows that 16 are dissatisfied. The
p-value for a right-tailed test is 24) ______
A) .0901 B) .0808 C) .4192 D) .1337
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24) The Melodic Kortholt Company will change its current health
plan if at least half the...
The Melodic Kortholt Company will change its current health plan if at least half the employees...
The Melodic Kortholt Company will change its current health plan if at least half the employees are dissatisfied with it. A trial sample of 25 employees shows that 16 are dissatisfied. The p-value for a right-tailed test is: О .0808 0 0901 1337 О .4192
The Melodic Kortholt Company will change its current health plan if at least half the employees...
The Melodic Kortholt Company will change its current health plan if at least half the employees are dissatisfied with it. A trial sample of 25 employees shows that 16 are dissatisfied. The p-value for a right-tailed test is a. 0.4192 b. 0.1337 c. 0.0808 d. 0.0901
The Melodic Kortholt Company will change its current health plan if at least half...continues
The Melodic Kortholt Company will change its current health plan if at least half the employees are dissatisfied with it. A trial sample of 25 employees shows that 16are dissatisfied. The p-value for a right-tailed test isa. 0.4192b. 0.1337c. 0.0808d. 0.0901
Randi wants to know if at least 90% of the employees at her company are currently...
Randi wants to know if at least 90% of the employees at her company are currently enrolled in a health insurance plan. She randomly samples 500 employees and finds that 459 of them are currently enrolled in a plan. Randi conducts a one-proportion hypothesis test at the 5% significance level, to test whether the true proportion of employees enrolled in a plan at this company is greater than 90%. For this test: H0:p=0.9; Ha:p>0.9, which is a right-tailed test. Use...
A company wants to determine if its employees have any preference among 5 different health plans....
A company wants to determine if its employees have any preference among 5 different health plans. A sample of 200 employees provided the data below. Test the claim that there is no preference. Use α = 0.01. Two decimal places. Plan 1 2 3 4 5 Employees 30 65 18 32 55
A company wants to determine if its employees have any preference among 5 different health plans...
A company wants to determine if its employees have any preference among 5 different health plans which it offers to them. A sample of 200 employees provided the data below. Calculate the chi-square test statistic xã to test the claim that the probabilities show no preference. Use a = 0.01. 3 4 5 Plan 1 2 Employees 32 18 55 65 30 A. 55.63 OB. 37.45 O c. 48.91 OD. 45.91
A Deloitte employment survey asked a sample of human resource executives how their company planned to...
A Deloitte employment survey asked a sample of human resource executives how their company planned to change its workforce over the next 12 months. A categorical response variable showed three options: the company plans to hire and add to the number of employees, the company plans no change in the number of employees, or the company plans to lay off and reduce the number of employees. Another categorical variable indicated if the company was private or public. Sample data for...
23. A company claims that at least 98% of its computer chips are perfect and defect...
23. A company claims that at least 98% of its computer chips are perfect and defect free. A random sample of 1000 chips is drawn and only 950 chips are found to be perfect. The calculated value of the test statistic is: (a) -6.78 (6) -4.52 (C) -2.575 (0) 4.52 (e) more than 6.00 24. A subjective probability is: (a) The probability of two events occurring together. (b) The probability of an event given that we know that another event...
In order to shrink its labor force, a large company (such as IBM) is considering offering...
In order to shrink its labor force, a large company (such as IBM) is considering offering an early retirement package to its employees who are over fifty-five and who have been on the payroll at least ten years. However, this plan will not be cost-effective if more than 25% of such employees choose to accept this package. A random sample of 100 eligible employees indicates that 30 of them would accept the early retirement package, if it were offered. Using...
or questions 24-25 answer all the following questions: a)State the Null and Alternate H potheses b) Which is the claim? c) Will you use a z-test, t-test or chi- square test? What is the critical...
or questions 24-25 answer all the following questions: a)State the Null and Alternate H potheses b) Which is the claim? c) Will you use a z-test, t-test or chi- square test? What is the critical v d) Describe the reject repion as i e) Find the sample statistic 1) Do you reject the claim? Write out your decision in at least one sentence eft tailed, right tailed or two-tailed. 24. The Healthy Food Company makes an Oatmeal and Almond cereal....
The Melodic Kortholt Company will change its current health plan if at least half the employees are dissatisfied with it. A trial sample of 25 employees shows that 16 are dissatisfied. The p-value for a right-tailed test is: О .0808 0 0901 1337 О .4192
A company wants to determine if its employees have any preference among 5 different health plans which it offers to them. A sample of 200 employees provided the data below. Calculate the chi-square test statistic xã to test the claim that the probabilities show no preference. Use a = 0.01. 3 4 5 Plan 1 2 Employees 32 18 55 65 30 A. 55.63 OB. 37.45 O c. 48.91 OD. 45.91
A Deloitte employment survey asked a sample of human resource executives how their company planned to change its workforce over the next 12 months. A categorical response variable showed three options: the company plans to hire and add to the number of employees, the company plans no change in the number of employees, or the company plans to lay off and reduce the number of employees. Another categorical variable indicated if the company was private or public. Sample data for...
23. A company claims that at least 98% of its computer chips are perfect and defect free. A random sample of 1000 chips is drawn and only 950 chips are found to be perfect. The calculated value of the test statistic is: (a) -6.78 (6) -4.52 (C) -2.575 (0) 4.52 (e) more than 6.00 24. A subjective probability is: (a) The probability of two events occurring together. (b) The probability of an event given that we know that another event...
In order to shrink its labor force, a large company (such as IBM) is considering offering an early retirement package to its employees who are over fifty-five and who have been on the payroll at least ten years. However, this plan will not be cost-effective if more than 25% of such employees choose to accept this package. A random sample of 100 eligible employees indicates that 30 of them would accept the early retirement package, if it were offered. Using...
or questions 24-25 answer all the following questions: a)State the Null and Alternate H potheses b) Which is the claim? c) Will you use a z-test, t-test or chi- square test? What is the critical v d) Describe the reject repion as i e) Find the sample statistic 1) Do you reject the claim? Write out your decision in at least one sentence eft tailed, right tailed or two-tailed. 24. The Healthy Food Company makes an Oatmeal and Almond cereal....
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