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DATAfile: WorkforcePlan You may need to use the appropriate technology to answer this question. A Deloitte employment survey asked a sample of human resource executives

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DATAfile: WorkforcePlan You may need to use the appropriate technology to answer this question. A Deloitte employment survey asked a sample of human resource executives how their company planned to change its workforce over the next 12 months. A categorical response variable showed three options: the company plans to hire and add to the number of employees, the company plans no chang number of employees, or the company plans to lay off and reduce the number of employees. Another categorical variable Indicated if the company was private or public. Sample data for 180 companies are summarized as follows. Company Employment Plan Private Public Add Employees 37 32 No Change 19 34 Lay Off Employees 16 42 (a) Conduct a test of Independence to determine if the employment plan for the next 12 months is independent of the type of company. State the null and alternative hypotheses. O Hot Employment plan is not independent of the type of company He: Employment plan is independent of the type of company. O Hol Employment plan is Independent of the type of company. He! Employment plan is not Independent of the type of company. O Ho: Employment plan is not mutually exclusive from the type of company. He Employment plan is mutually exclusive from the type of company. O Ho: Employment plan is mutually exclusive from the type of company Hi Employment plan is not mutually exclusive from the type of company Find the value of the test statistic. (Round your answer to three decimal places.) Find the p-value. (Round your answer to four decimal places.) p-value - At a 0.05 level of significance, what is your conclusion? O Do not reject He. We cannot conclude that the employment plan and the type of company are not independent. O Reject Ho. We conclude that the employment plan is independent of the type of company. Reject He: We conclude that the employment plan is not independent of the type of company. Do not reject Ho. We cannot conclude that the employment plan and the type of company are independent. (b) Discuss any diff ment plans for private and public companies over the next 12 months. (Round your numeric answers to two decimal places.) Employment opp for both public and private companies, with high proportions of "add employees" planned for both. Employment opportunities look ster for private com nies, while public companies have the greater proportions of "no change" and "lay off employees" planned, O Employment opportunities look to ber mpanies, while private companies have the greater proportions of "no change" and "lay off employees" planned. Employment opportunities look to be about the same for both public and private companies, with high proportions of "no change" and "lay off employees" planned for both. Submit Answer View Previous Question Question 3 of 5 View Next

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