An Employee Value Proposition (EVP) is about defining the essence of a company. The EVP is the value an employee receives from the employer; it defines the commitment the company will make to develop the employee in exchange for the effort the employee puts in to benefit the company. But do all agree on what makes a unique and compelling EVP? A study showed that 13% of business executives, 36%cof HR leaders, and 33% of employees say that compensation (pay andrewards) makes for a unique and compelling EVP. Assume that 200 individuals within each business group were surveyed. A) The test statistic is χ2STAT=? (Round to three decimal places as needed.) B) The critical value for α=0.05 is = ? (Round to three decimal places as needed.) C) What is the p-value? (Round to three decimal places as needed.)
An Employee Value Proposition (EVP) is about defining the essence of a company. The EVP is the value an employee receives from the employer; it defines the commitment the company will make to develop the employee in exchange for the effort the employee puts in to benefit the company. But do all agree on what makes a unique and compelling EVP? A study showed that 13% of business executives, 36%cof HR leaders, and 33% of employees say that compensation (pay andrewards) makes for a unique and compelling EVP. Assume that 200 individuals within each business group were surveyed.
A) The test statistic is χ2STAT=? (Round to three decimal places as needed.)
B) The critical value for α=0.05 is = ? (Round to three decimal places as needed.)
C) What is the p-value? (Round to three decimal places as needed.)
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