14. Cumulative Z- Table Z 0.04 0.05 0.06 0.07 0.08 0.09 1.2 0.8925 0.8944 0.8962 0.8980 0.8997 0.9015 1.3 0.9099 0.9115 0.9131 0.9147 0.9162 0.9177 1.4 0.9251 0.9265 0.9279 0.9292 0.9306 0.9319 1.5 0.9382|0.9394|0.94060.94180.9429 0.9441 1.6 0.9495 0.9505 0.9515 0.9525 0.9535 0.9545 Maria Huffman is the Vice President of Human Resources for a large regional car rental company. Last year, she hired Graham Brickley as Manager of Employee Retention. Part of the compensation package was the chance to earn one of the following two bonuses: if Brickley can reduce turnover to less than 30%, he will receive a 25% bonus. If he can reduce turnover to less than 25%, he will receive a 50% bonus (using a significance level of 10%). The population of turnover rates is normally distributed. The population standard deviation of turnover rates is 1.5%. A recent sample of 100 branch offices resulted in an average turnover rate of 24.2%. Which of the following statements is most accurate? A. Brickley should not receive either bonus. B. For the 50% bonus level, the critical value is - 1.65 and Huffman should give Brickley a 50% bonus. C. For the 50% bonus level, the test statistic is - 5.33 and Huffman should give Brickley a 50% bonus