EP BASIC BUS.STATS-ACCESS (18 WEEKS)
14th Edition
ISBN: 9780135989005
Author: BERENSON
Publisher: PEARSON CO
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Question
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
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)
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