Hello I need help with thisImagine you are the manager of a non-profit business, and you are looking to hire a recent college graduate. You list the position as paying $20,000/year. After interviewing candidates you decide that some will be offered the expected salary, while some will be offered more because of experience and interviewing skills. Others will be offered less than expected until they can demonstrate competence and their salary will increase when they are fully qualified.Using Microsoft® Excel®, run a chi square Goodness of Fit test to determine whether these observed starting salaries are significantly different. What do the findings tell you? The table below compares the expected salaries to the observed salaries for five applicants. Each applicant had an expected salary of $20,000. Observations show variability in the actual salaries received:- **Applicant 1**: Expected Salary was $20,000; Observed Salary is $17,500.- **Applicant 2**: Expected Salary was $20,000; Observed Salary is $20,000.- **Applicant 3**: Expected Salary was $20,000; Observed Salary is $22,000.- **Applicant 4**: Expected Salary was $20,000; Observed Salary is $20,500.- **Applicant 5**: Expected Salary was $20,000; Observed Salary is $20,000.This table serves as an illustration of the discrepancies that can exist between expected and real-world salary outcomes.

Chi-square Goodness of Fit test The Chi-square goodness of fit test is a statistical thesis test…

Answered: Imagine you are the manager of a…

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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Hello I need help with this

Imagine you are the manager of a non-profit business, and you are looking to hire a recent college graduate. You list the position as paying $20,000/year. After interviewing candidates you decide that some will be offered the expected salary, while some will be offered more because of experience and interviewing skills. Others will be offered less than expected until they can demonstrate competence and their salary will increase when they are fully qualified.

Using Microsoft^® Excel^®, run a chi square Goodness of Fit test to determine whether these observed starting salaries are significantly different. What do the findings tell you?