Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

One strategy that may have an impact on employeeretention, turnover and engagement is a successful employee recognition program. Surveying smallorganizations, those with 500 to2,499 employees,

One strategy that may have an impact on employeeretention, turnover and engagement is a successful employee recognition program. Surveying smallorganizations, those with 500 to2,499 employees, and largeorganizations, those with10,000 or moreemployees, a survey organization showed that 324 (78%) of the 415 small organizations have employee retention programs as compared to 154 (87%) of the 177 large organizations. Complete parts(a) through(c) below.

a. At the 0.05 level ofsignificance, is there evidence of a significant difference between organizations with 500 to2,499 employees and organizations with10,000 or more employees with respect to the proportion that have employee recognitionprograms?

Determine the null and alternativehypotheses, where 1 is the population proportion of organizations with 500 to2,499 employees with employee recognition programs and 2 is the population proportion of organizations with10,000 or more employees with employee recognition programs.

Determine the value of the test statistic.

B. The criticalvalue(s) is (Round to two decimal places as needed. Use a comma to separate answers asneeded.)

C. c. Construct and interpret a 95% confidence interval estimate for the difference between organizations with 500 to2,499 employees and organizations with10,000 or more employees with respect to the proportion that have employee recognition programs.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finite Mathematics and Its Applications

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair

12th edition

ISBN: 978-0134768588, 9780134437767, 134768582, 134437764, 978-0134768632

More Books

Students also viewed these Mathematics questions

Question

\f

Answered: 1 week ago

Question

Write Hund's rule?

Answered: 1 week ago