EP BASIC BUS.STATS-ACCESS (18 WEEKS)
EP BASIC BUS.STATS-ACCESS (18 WEEKS)
14th Edition
ISBN: 9780135989005
Author: BERENSON
Publisher: PEARSON CO
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Chapter 12, Problem 16PS

a.

To determine

Determine whether there is a significant difference among the business groups with respect to the proportion that say that compensation (pay and rewards) makes unique and compelling EVP.

b.

To determine

Determine and interpret the p-value .

c.

To determine

Determine which groups differ if the Marascuilo procedure is used.

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An Employee Value Proposition​ (EVP) is about defining the essence of a company. The EVP is the value an employee receives from the​ employer; it defines the commitment the company will make to develop the employee in exchange for the effort the employee puts in to benefit the company. But do all agree on what makes a unique and compelling​ EVP? A study showed that 16​% of business​ executives, 40​% of HR​ leaders, and 32​% of employees say that compensation​ (pay and​ rewards) makes for a unique and compelling EVP. Assume that 200 individuals within each business group were surveyed. Complete parts​ (a) through​ (c). a. Is there evidence of a significant difference among business groups with respect to the proportion that say compensation​ (pay and​ rewards) makes for a unique and compelling​ EVP? Use α=0.05.       The test statistic is χ2STAT=     Please help me find the test statistic x2stat and the critical value.
An Employee Value Proposition (EVP) is about defining the essence of a company. The EVP is the value an employee receives from the employer; it defines the commitment the company will make to develop the employee in exchange for the effort the employee puts in to benefit the company. But do all agree on what makes a unique and compelling EVP? A study showed that 15% of business executives, 37% of HR leaders, and 35% of employees say that compensation (pay and rewards) makes for a unique and compelling EVP. Assume that 200 individuals within each business group were surveyed. Complete parts (a) through (c). a. Is there evidence of a significant difference among business groups with respect to the proportion that say compensation (pay and rewards) makes for a unique and compelling EVP? Use α = 0.10. State the null and alternative hypotheses. O A. Ho: ₁=₂=3 = 0 H₁: At least one of the ; is not equal to zero (where j = 1, 2, 3) 0 B. Но: 1 =2=3 Hi. Hy #2 # T3 о с. Но: 1 =2=3=0 Hi. Hy #2 #g…
An Employee Value Proposition​ (EVP) is about defining the essence of a company. The EVP is the value an employee receives from the​ employer; it defines the commitment the company will make to develop the employee in exchange for the effort the employee puts in to benefit the company. But do all agree on what makes a unique and compelling​ EVP? A study showed that 14​% of business​ executives, 36​% of HR​ leaders, and 31​% of employees say that compensation​ (pay and​ rewards) makes for a unique and compelling EVP. Assume that 200 individuals within each business group were surveyed. Complete parts​ (a) through​ (c). State the null and alternative hypotheses. Use a=0.05 The test statistic is x^2stat= The critical value = b. Determine the​ p-value and interpret its meaning.

Chapter 12 Solutions

EP BASIC BUS.STATS-ACCESS (18 WEEKS)

Ch. 12 - Consider a contingency table, with two rows and...Ch. 12 - Use the following contingency table: a. Compute...Ch. 12 - Use the following contingency table: a. Compute...Ch. 12 - How common are financial cost or contractual...Ch. 12 - Business sensor technology provides a way for...Ch. 12 - Prob. 16PSCh. 12 - Repeat (a) and (b) of Problem 12.16, assuming that...Ch. 12 - Prob. 18PSCh. 12 - The MSCI 2016 Survey of Women of Boards Survey...Ch. 12 - Prob. 20PSCh. 12 - Prob. 21PSCh. 12 - Prob. 22PSCh. 12 - A Gallup survey across generations of workers...Ch. 12 - How often do Facebook users post? A study by the...Ch. 12 - What makes sales leaders tick? Mercuri...Ch. 12 - PwC takes a closer look at what CEOs are looking...Ch. 12 - Using Table E.6, determine the lower-and...Ch. 12 - Using Table E.6, determine the lower-tail critical...Ch. 12 - Prob. 29PSCh. 12 - Prob. 30PSCh. 12 - Prob. 31PSCh. 12 - Prob. 32PSCh. 12 - From Problem 12.32 , at the 0.05 level of...Ch. 12 - In Problems 12.32 and 12.33, what is your...Ch. 12 - A vice president for marketing recruits 20 college...Ch. 12 - Prob. 36PSCh. 12 - Is there a difference in the satisfaction rating...Ch. 12 - The management of a hotel has the business...Ch. 12 - Prob. 39PSCh. 12 - Brand valuations are critical to CEOs, financial...Ch. 12 - A bank with a branch located in a commercial...Ch. 12 - Prob. 42PSCh. 12 - Prob. 43PSCh. 12 - Prob. 44PSCh. 12 - A pet food company has the business objective of...Ch. 12 - A hospital conducted a study of the waiting time...Ch. 12 - Prob. 47PSCh. 12 - An advertising agency has been hired by a...Ch. 12 - Prob. 49PSCh. 12 - The more costly and time consuming it is to export...Ch. 12 - Prob. 51PSCh. 12 - Prob. 52PSCh. 12 - Prob. 53PSCh. 12 - Prob. 54PSCh. 12 - Prob. 55PSCh. 12 - Prob. 56PSCh. 12 - Prob. 57PSCh. 12 - Prob. 58PSCh. 12 - Prob. 59PS
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