In a survey of 823 human resource professionals concerning challenges they faced in the workplace, 329 said

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In a survey of 823 human resource professionals concerning challenges they faced in the workplace, 329 said that employee retention/turnover was an important challenge and 181 said that employee satisfaction was an important challenge.

Source: Data extracted from R. King, “Companies Want to Know How Do Workers Feel,” Wall Street Journal, October 14, 2015, p. R3.

a. Construct a 95% confidence interval estimate of the population proportion of human resource professionals who believe that employee retention/turnover was an important challenge.

b. Construct a 95% confidence interval estimate of the population proportion of human resource professionals who believe that employee satisfaction was an important challenge.

c. How would a human resource professional use the results of (a) and (b)?

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Basic Business Statistics Concepts And Applications

ISBN: 9780134684840

14th Edition

Authors: Mark L. Berenson, David M. Levine, Kathryn A. Szabat, David F. Stephan

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