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 theirbusinesses. Suppose that a board of directors is interested in evaluating the personality of their leadership. Among a sample of n = 16 managers, thesample 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 differentfrom the population.Standard Normal DistributionMean - 0.0Standard Deviation 1.0.7198.1401.1401-3.0-2.0-1.00.01.02.03.0-1.081.08Step 1. Ho:; H;:a = .05.Step 2. The critical region consists ofStep 3. For these data the standard error isand z =Step 4. z obtainedin the critical region.the null hypothesis. Thereevidence that openness to experience isdifferent among business leaders.

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Answered: The personality characteristics of…

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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