Suppose a company surveyed the work prelerences and attitudes of 1,006 working adults spread over three generations current job to make more money at another job. The sample data are summarized in the following table. Generation Leave Job for More Money? Baby Boomer Generation X Millennial Yes 124 155 166 No 202 186 173 Conduct a test of independence to determine whether interest in leaving a current job for more money is independent o

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Suppose a company surveyed the work preferences and attitudes of 1,006 working adults spread over three generations: baby boomers, Generation X, and millennials. In one question, individuals were asked if they would leave their
current job to make more money at another job. The sample data are summarized in the following table.
Generation
Leave Job for
More Money?
Baby Boomer
Generation X
Millennial
Yes
124
155
166
No
202
186
173
Conduct a test of independence to determine whether interest in leaving a current job for more money is independent of employee generation.
State the null and alternative hypotheses.
O Ho: Interest in leaving job for more money is independent of the employee generation.
H: Interest in leaving job for more money is not independent of the employee generation.
O Ho: Interest in leaving job for more money is not independent of the employee generation.
H: Interest in leaving job for more money is independent of the employee generation.
O Ho: Interest in leaving job for more money is not mutually exclusive of the employee generation.
H: Interest in leaving job for more money is mutually exclusive of the employee generation.
O H: Interest in leaving job for more money is mutually exclusive of the employee generation.
H : Interest in leaving job for more money is not mutually exclusive of the employee generation.
Find the value of the test statistic. (Round your answer to two decimal places.)
What is the p-value? (Round your answer to four decimal places.)
Using a 0.05 level of significance, what is your conclusion?
O Do not reject H We conclude that interest in leaving a job for more money is not independent of the employee generation.
O Reject Ho: We cannot conclude that interest in leaving a job for more money is independent of the employee generation.
O Do not reject Ho. We cannot conclude that interest in leaving a job for more money is independent of the employee generation.
O Reject Ho: We conclude that interest in leaving a job for more money is not independent of the employee generation.
Transcribed Image Text:Suppose a company surveyed the work preferences and attitudes of 1,006 working adults spread over three generations: baby boomers, Generation X, and millennials. In one question, individuals were asked if they would leave their current job to make more money at another job. The sample data are summarized in the following table. Generation Leave Job for More Money? Baby Boomer Generation X Millennial Yes 124 155 166 No 202 186 173 Conduct a test of independence to determine whether interest in leaving a current job for more money is independent of employee generation. State the null and alternative hypotheses. O Ho: Interest in leaving job for more money is independent of the employee generation. H: Interest in leaving job for more money is not independent of the employee generation. O Ho: Interest in leaving job for more money is not independent of the employee generation. H: Interest in leaving job for more money is independent of the employee generation. O Ho: Interest in leaving job for more money is not mutually exclusive of the employee generation. H: Interest in leaving job for more money is mutually exclusive of the employee generation. O H: Interest in leaving job for more money is mutually exclusive of the employee generation. H : Interest in leaving job for more money is not mutually exclusive of the employee generation. Find the value of the test statistic. (Round your answer to two decimal places.) What is the p-value? (Round your answer to four decimal places.) Using a 0.05 level of significance, what is your conclusion? O Do not reject H We conclude that interest in leaving a job for more money is not independent of the employee generation. O Reject Ho: We cannot conclude that interest in leaving a job for more money is independent of the employee generation. O Do not reject Ho. We cannot conclude that interest in leaving a job for more money is independent of the employee generation. O Reject Ho: We conclude that interest in leaving a job for more money is not independent of the employee generation.
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