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10. The personality characteristics of business leaders (e.g., CEOs) are related to the operations of the busi- nesses that they lead (Oreg & Berson, 2018).

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10. The personality characteristics of business leaders (e.g., CEOs) are related to the operations of the busi- nesses that they lead (Oreg & Berson, 2018). Traits like openness to experience are related to positive financial outcomes and other traits are related to neg- ative financial outcomes for their businesses. Suppose that a board of directors is interested in evaluating the personality of their leadership. Among a sample of n = 16 managers, the sample mean of the openness to experiences dimension of personality was M = 4.50. Assuming that u = 4:24 and o = 1.05 (Cobb-Clark & Schurer, 2012), use a two-tailed hypothesis test with a = .05 to test the hypothesis that this com- pany's business leaders' openness to experience is different from the population

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