In: Statistics and Probability
The costs associated with conducting interviews for a job opening have skyrocketed over the years. According to a Harris interactive survey, 211 of 502 senior human resources executives at U.S companies believe that their hiring managers are interviewing too many people to find qualified candidates for the job. Suppose the true proportion of human resource executives who believe that their hiring managers are interviewing too many people is given by p. At a 5% level of significance can you conclude that the true proportion p differs from 40%?
Conclusion: At a 5% level of significance there is not enough evidence to conclude that the true proportion p significantly differs from 40%.