The personality characteristics of business leaders (e.g., CEOS) are related to the operations of the businesses that they lead (Oreg & Berson, 2018). Traits like openness to experience are related to positive financial outcomes and other traits are related to negative financial outcomes for their businesses. Suppose that a board of directors is interested in evaluating the personality of their leadership. Among a sample of n = 16 managers, the sample mean of the openness to experiences dimension of personality was M = 4.50. Assuming that µ = 4.24 and o = 1.05 (Cobb-Clark & Schure 2012), use a two-tailed hypothesis test with a = .05 to test the hypothesis that this company's busine leaders’ openness to experience is different from the population.
The personality characteristics of business leaders (e.g., CEOS) are related to the operations of the businesses that they lead (Oreg & Berson, 2018). Traits like openness to experience are related to positive financial outcomes and other traits are related to negative financial outcomes for their businesses. Suppose that a board of directors is interested in evaluating the personality of their leadership. Among a sample of n = 16 managers, the sample mean of the openness to experiences dimension of personality was M = 4.50. Assuming that µ = 4.24 and o = 1.05 (Cobb-Clark & Schure 2012), use a two-tailed hypothesis test with a = .05 to test the hypothesis that this company's busine leaders’ openness to experience is different from the population.
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
Transcribed Image Text:10. The personality characteristics of business leaders (e.g., CEOS) are related to the operations of the
businesses that they lead (Oreg & Berson, 2018). Traits like openness to experience are related to
positive financial outcomes and other traits are related to negative financial outcomes for their
businesses. Suppose that a board of directors is interested in evaluating the personality of their
leadership. Among a sample of n = 16 managers, the sample mean of the openness to experiences
dimension of personality was M = 4.50. Assuming that u = 4.24 and o = 1.05 (Cobb-Clark & Schurer,
2012), use a two-tailed hypothesis test with a = .05 to test the hypothesis that this company's business
leaders'
openness to experience is different from the population.
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