Question
3i) A large software development firm recently relocated its facilities. Top management is interested in fostering good relations with their new local community and has
3i) A large software development firm recently relocated its facilities. Top management is interested in fostering good relations with their new local community and has encouraged their professional employees to engage in local service activities. Theywant to test if the firm's professionals volunteer an average of more than 15 hours per month. If this is not the case, they will institute an incentive program to increase community involvement. A random sample of 24 professionals is used in this test. Then, the critical t-value(t*) with a 5% significance level is
a. t* = 1.714
b. t* = -2.069
c. t* = -1.714
d. t* = 2.069
3ii) The cost of a university education has increased at a much faster rate than other living expenses in general over the past twenty years. In order to compensate for this, many students work part- or full-time in addition to attending classes. At one university, it is believed that the average number of hours students work per week exceeds 20. Suppose a hypothesis test is done to test their belief. Then the correct formulation of the hypothesis is
a. H0: = 20 andHA: < 20.
b. H0: < 20 andHA: > 20.
c. H0: = 20 andHA: > 20.
d. H0: = 20 andHA: 20.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started