Question
please help me answer this question will rate your answer right away A researcher in the accounting industry would like to test the hypothesis that
please help me answer this question will rate your answer right away
A researcher in the accounting industry would like to test the hypothesis that there is no difference in level of productivity between and 4-day and 5-day workweek.
A sample was taken from two different locations of one large accounting company. At one location, participants subscribed to a 5-day workweek. At the other, participants subscribed to a 4-day workweek.
Participants responded to the question:
"Out of a total of 100, during a typical week, how much of your total weekly workload are you able to complete during your workweek?" For example, an 80 would represent that you are able to complete 80% of your work for the week.
The following data shows the results table of the test conducted in Excel:
4-day workweek productivity | 5-day workweek productivity | |
Mean | 78 | 71.96296296 |
Variance | 235.3846154 | 235.3447293 |
Observations | 27 | 27 |
Pooled Variance | 235.3646724 | |
Hypothesized Mean Difference | 0 | |
df | 52 | |
t Stat | 1.445839502 | |
P(T<=t) one-tail | 0.077111351 | |
t Critical one-tail | 1.674689154 | |
P(T<=t) two-tail | 0.154222702 | |
t Critical two-tail | 2.006646805 |
What conclusions can the researcher make at a significance level of 0.05?
Tasks:
- Conduct the 5-step hypothesis test. Label each step in your work. (6 marks)
- interpret the conclusion in the context of given business problem. (2 marks)
- In the input box, type in the calculated statistical value. Round to three decimal places.
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