Ranking companies. Every year, Fortune magazine lists the 100 best companies to work for, based on criteria
Question:
Ranking companies. Every year, Fortune magazine lists the 100 best companies to work for, based on criteria such as pay, benefits, days off, and diversity. In 2018, the top three were Sales Force, Wegmans Food Markets, and Ultimate Softeware. In 2017, of the top 30, 10 were in the top third for most days off, 9 were in the middle third, and 11 were in the bottom third. Of the bottom 30 in rank, 7 were in the top third, 13 were in the middle third, and 10 were in the bottom third. Is there evidence that number of days off is related to overall ranking as best place to work?
a) Select the appropriate procedure.
b) Check the assumptions.
c) State the hypotheses.
d) Test an appropriate hypothesis and state your results.
e) Interpret the meaning of the results and state a conclusion.
Step by Step Answer:
Business Statistics
ISBN: 9781292269313
4th Global Edition
Authors: Norean Sharpe, Richard De Veaux, Paul Velleman