At a small company, the chief financial officer (CFO) is concerned about absenteeism among the employees and

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At a small company, the chief financial officer (CFO) is concerned about absenteeism among the employees and asks the head of human resources to investigate. The jobs are coded from 01 to 99, with 01 = Stockroom Clerk and 99 = President. The human resources manager plots number of days absent last year by job type and finds a correlation of −0.034 and no obvious trend. He then reports to the CFO that there seems to be no relationship between absenteeism and job type. Comment.

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Business Statistics

ISBN: 9780133899122

3rd Canadian Edition

Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright

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