4. The CEO of a large company wants to test the claim that more than 20% of the company's employees are willing to take a pay cut to work less hours in order to have more time for pers and leisure activities. She selects a random sample of 500 employees and 80 of them said they willing to take a pay cut to work less hours. A. At a = 0.10, is there enough evidence to support the claim? B. If the CEO wants to repeat the study to estimate the true proportion of employees who would accept a pay cut to work less to within 2% and with 95% confidence, how many employees sh noloot?
4. The CEO of a large company wants to test the claim that more than 20% of the company's employees are willing to take a pay cut to work less hours in order to have more time for pers and leisure activities. She selects a random sample of 500 employees and 80 of them said they willing to take a pay cut to work less hours. A. At a = 0.10, is there enough evidence to support the claim? B. If the CEO wants to repeat the study to estimate the true proportion of employees who would accept a pay cut to work less to within 2% and with 95% confidence, how many employees sh noloot?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
![4. The CEO of a large company wants to test the claim that more than 20% of the company's
employees are willing to take a pay cut to work less hours in order to have more time for personal
and leisure activities. She selects a random sample of 500 employees and 80 of them said they are
willing to take a pay cut to work less hours.
A. At a = 0.10, is there enough evidence to support the claim?
B. If the CEO wants to repeat the study to estimate the true proportion of employees who would
accept a pay cut to work less to within 2% and with 95% confidence, how many employees should
she randomly select?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9e94d734-43cd-46d9-b020-b9de08422d70%2Fb1ae48d8-1b40-4fce-a8aa-33a8ab41d595%2Fig2t1iq_processed.png&w=3840&q=75)
Transcribed Image Text:4. The CEO of a large company wants to test the claim that more than 20% of the company's
employees are willing to take a pay cut to work less hours in order to have more time for personal
and leisure activities. She selects a random sample of 500 employees and 80 of them said they are
willing to take a pay cut to work less hours.
A. At a = 0.10, is there enough evidence to support the claim?
B. If the CEO wants to repeat the study to estimate the true proportion of employees who would
accept a pay cut to work less to within 2% and with 95% confidence, how many employees should
she randomly select?
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