In a survey of 823 human resource professionals concerning challenges they faced in the workplace, 329 said that employee retention/turnover was an important challenge and 181 said that employee satisfaction was an important challenge. a. Construct a 95 % confidence interval estimate of the population proportion of human resource professionals who believe that employee retention/turnover was an important challenge. b. Construct a 95 % confidence interval estimate of the population proportion of human resource professionals who believe that employee satisfaction was an important challenge. c. How would a human resource professional use the result of (a) and (b)?
In a survey of 823 human resource professionals concerning challenges they faced in the workplace, 329 said that employee retention/turnover was an important challenge and 181 said that employee satisfaction was an important challenge. a. Construct a 95 % confidence interval estimate of the population proportion of human resource professionals who believe that employee retention/turnover was an important challenge. b. Construct a 95 % confidence interval estimate of the population proportion of human resource professionals who believe that employee satisfaction was an important challenge. c. How would a human resource professional use the result of (a) and (b)?
Solution Summary: The author calculates a 95% confidence interval for population proportion of human resource professionals who think that employee retention was an important challenge.
In a survey of 823 human resource professionals concerning challenges they faced in the workplace, 329 said that employee retention/turnover was an important challenge and 181 said that employee satisfaction was an important challenge.
a. Construct a
95
%
confidence interval estimate of the population proportion of human resource professionals who believe that employee retention/turnover was an important challenge.
b. Construct a
95
%
confidence interval estimate of the population proportion of human resource professionals who believe that employee satisfaction was an important challenge.
c. How would a human resource professional use the result of (a) and (b)?
Definition Definition Method in statistics by which an observation’s uncertainty can be quantified. The main use of interval estimating is for describing a range that is made by transforming a point estimate by determining the range of values, or interval within which the population parameter is likely to fall. This range helps in measuring its precision.
1.2.17. (!) Let G,, be the graph whose vertices are the permutations of (1,..., n}, with
two permutations a₁, ..., a,, and b₁, ..., b, adjacent if they differ by interchanging a pair
of adjacent entries (G3 shown below). Prove that G,, is connected.
132
123
213
312
321
231
You are planning an experiment to determine the effect of the brand of gasoline and the weight of a car on gas mileage measured in miles per gallon. You will use a single test car, adding weights so that its total weight is 3000, 3500, or 4000 pounds. The car will drive on a test track at each weight using each of Amoco, Marathon, and Speedway gasoline. Which is the best way to organize the study?
Start with 3000 pounds and Amoco and run the car on the test track. Then do 3500 and 4000 pounds. Change to Marathon and go through the three weights in order. Then change to Speedway and do the three weights in order once more.
Start with 3000 pounds and Amoco and run the car on the test track. Then change to Marathon and then to Speedway without changing the weight. Then add weights to get 3500 pounds and go through the three gasolines in the same order.Then change to 4000 pounds and do the three gasolines in order again.
Choose a gasoline at random, and run the car with this gasoline at…
AP1.2 A child is 40 inches tall, which places her at the 90th percentile of all children of similar age. The heights for children of this age form an approximately Normal distribution with a mean of 38 inches. Based on this information, what is the standard deviation of the heights of all children of this age?
0.20 inches (c) 0.65 inches (e) 1.56 inches
0.31 inches (d) 1.21 inches
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.