Top management of a large multinational corporation wants to create a culture ofinnovativeness and change. A consultant hired to assess the company's organizationalculture finds that only 15% of employees are open to new ideas and approaches towardtheir work. Consequently the company conducts a program for employees in order toreinforce the new corporate philosophy. After the program is completed, employees aresurveyed to see if a greater percentage is now open to innovativeness and change.Suppose that based on the sample results the company rejects the null hypothesis whenin fact it is true. Which of the following statements is CORRECT?O This is known as a fatal error.This led to a P-value that was greater than the level of significance.This is known as a Type Il error.This led to the conclusion that the percentage of employees open to new ideas did not increasewhen in fact it did.This led to the conclusion that the percentage of employees open to new ideas did increasewhen in fact it did not.

The initial or hypothesized proportion of employees that are open to new ideas and approaches, i.e.,…

Answered: Top management of a large multinational…

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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In this same passage, answer the third question to the problem.
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Top management of a large multinational corporation wants to create a culture of innovativeness and change. A consultant hired to assess the company's organizational culture finds that only 15% of employees are open to new ideas and approaches toward their work. One of his recommendations for the company is to conduct seminars for employees in order to disseminate and reinforce the new corporate philosophy. This is done for a six month trial period after which its value in changing employee attitudes will be assessed. Write the null and alternative hypotheses. 2. Based on data collected after the trial period, the company constructed a 95% confidence interval for the proportion of all employees open to new ideas and approaches toward their work. The resulting interval is 18% to 22%. What conclusion should the company reach about the seminars?
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