The human resource (HR) director of a large corporation wishes to study absenteeism among its mid- level
Question:
The human resource (HR) director of a large corporation wishes to study absenteeism among its mid- level managers at its central office during the year. A random sample of 25 mid-level managers reveals the following:
• Absenteeism: X-bar = 6.2 days, S = 7.3 days.
• 13 mid- level managers cite stress as a cause of absence.
a. Construct a 95% confidence interval estimate for the mean number of absences for mid- level managers during the year.
b. Construct a 95% confidence interval estimate for the population proportion of mid-level managers who cite stress as a cause of absence. Suppose that the HR director wishes to administer a survey in one of its regional offices. Answer these questions:
c. What sample size is needed to have 95% confidence in estimating the population mean absenteeism to within ± 1.5 days if the population standard deviation is estimated to be 8 days?
d. How many mid- level managers need to be selected to have 90% confidence in estimating the population proportion of mid- level managers who cite stress as a cause of absence to within ± 0.075 if no previous estimate is available?
e. Based on (c) and (d), what sample size is needed if a single survey is being conducted?
CorporationA Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Step by Step Answer:
Business Statistics A First Course
ISBN: 9780321979018
7th Edition
Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan