An article in the The Star Newspaper implies that more than half of all Malaysians would...

An article in the The Star Newspaper implies that more than half of all Malaysians would prefer to being given RM100 rather than a day off for work. This statement is based on a survey conducted by Malaysian Employee Incentives and Remunerations Research Consultant Agency, in which 1,040 of 2,000 respondents indicated that they would rather have the RM100. At 0.05 level of significance, is there evidence based on the survey data that more than half of all Malaysians would rather have RM100 than a day off from work?

Expert Solution

Conclusion

It is concluded that the null hypothesis Ho is rejected. Therefore, there is enough evidence to claim that the

based on the survey data that more than half of all Malaysians would rather have RM100 than a day off from work

at the α=0.05 significance level.

orchestra answered 1 year ago

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