36. A survey by the Society for Human Resource Management asked 346 job seekers why employees change

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36. A survey by the Society for Human Resource Management asked 346 job seekers why employees change jobs so frequently (The Wall Street Journal, March 28, 2000). The answer selected most (152 times) was “higher compensation elsewhere.”

a. What is the point estimate of the proportion of job seekers who would select “higher compensation elsewhere” as the reason for changing jobs?

b. What is the 95% confidence interval estimate of the population proportion?

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Essentials Of Modern Business Statistics

ISBN: 9780324312843

3rd Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

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