Question

In: Statistics and Probability

a call centre claims that the employees monthly salary is $ 2400.. you take a sample...

a call centre claims that the employees monthly salary is $ 2400.. you take a sample of 25 employees and find the mean is $2340 and standard deviation is $40 is there enough evidence to reject the director's claim at ~ = 0.05 ? hint t : 0.05 / 2 = 2.06

Solutions

Expert Solution

The sample mean is and the sample standard deviation is s = 40, and the sample size is n=25.

(1) Null and Alternative Hypotheses

The following null and alternative hypotheses need to be tested:

Ho: μ = 2400

Ha: μ ≠ 2400

This corresponds to a two-tailed test, for which a t-test for one mean, with unknown population standard deviation, will be used.

(2) Rejection Region

The significance level is α=0.05, and the critical value for a two-tailed test is

The rejection region for this two-tailed test is

(3) Test Statistics

The t-statistic is computed as follows:

(4) Decision about the null hypothesis

Since it is observed that ∣t∣ =-7.5 > tc ​= 2.064, it is then concluded that the null hypothesis is rejected.

Using the P-value approach: The p-value is p=0, and since p = 0 < 0.05, it is concluded that the null hypothesis is rejected.

(5) Conclusion

It is concluded that the null hypothesis Ho is rejected. Therefore, there is enough evidence to claim that the population mean μ is different than 2400, at the 0.05 significance level.


Related Solutions

What job information would you collect when conducting a job analysis for call centre employees at...
What job information would you collect when conducting a job analysis for call centre employees at ServiceOntario? 2. What could be some potential problems when developing written job descriptions for call centre employees? 3. How could ServiceOntario ensure that call centre employees’ jobs are designed according to the job characteristics model? 4. Would working in teams be effective for call centre employees at ServiceOntario? Why or why not? 5. Could call centre employees work from home? What potential problems could...
Bill has monthly gross salary of $3,000 and take-home salary of $2,100. His monthly expenses amount...
Bill has monthly gross salary of $3,000 and take-home salary of $2,100. His monthly expenses amount to $1,000 and he saves $300 per month and uses the rest to pay his debts. He has cash in checking account of $2,500, emergency fund savings account of $4,200. He also owns a car with estimated value of $12,000. He owns personal possessions valued at $3,500. His credit card debts total $750 and other short-term debts are $800. The only long-term debt he...
Jan 1. The company haired 4 employees with a monthly salary of 1,500 each. The salary...
Jan 1. The company haired 4 employees with a monthly salary of 1,500 each. The salary is to be paid on the first day of each month. How will be recording the transaction?
2. What could be some potential problems when developing written job descriptions for call centre employees?...
2. What could be some potential problems when developing written job descriptions for call centre employees? 3. How could ServiceOntario ensure that call centre employees’ jobs are designed according to the job characteristics model? 4. Would working in teams be effective for call centre employees at ServiceOntario? Why or why not? 5. Could call centre employees work from home? What potential problems could this cause to the design of their work? 350 - 600 words including all questions
In the spreadsheet "Salary Data" you see sample salaries of employees that were randomly selected from...
In the spreadsheet "Salary Data" you see sample salaries of employees that were randomly selected from two departments of a company. Assuming that the populations are distributed normally, conduct the appropriate test to determine whether the average salaries are different between these two departments (alpha = .05). Develop the hypotheses and report your conclusion. Department A Department B 51000 48000 54000 54000 53000 46000 54000 48000 47000 55000 46000 52000 54000 51000 52000 46000 50000 51000 48000 48000 48000 53000...
The Excel file Salary reports the monthly salaries for 93 randomly and independently selected employees of...
The Excel file Salary reports the monthly salaries for 93 randomly and independently selected employees of a bank; there are 32 salaries of male employees and 61 salaries of female employees.   Let um = the mean monthly salary for all male bank employees, and uf = the mean monthly salary for all female bank employees. Your objective is to find some evidence of um > uf, that is, the female employees are discriminated against. Provide descriptive statistical summaries of the...
The Company collected a sample of the salaries of its employees. There are 70 salary data...
The Company collected a sample of the salaries of its employees. There are 70 salary data points summarized in the frequency distribution below: Salary Number of Employees 5,001–10,000 8 10,001–15,000 12 15,001–20,000 20 20,001–25,000 17 25,001–30,000 13 Find the standard deviation. Find the variance.
A magazine claims the mean monthly cost of video games in $30. You Sample 25 houses...
A magazine claims the mean monthly cost of video games in $30. You Sample 25 houses and find a mean of $25.7 and a standard deviation of $5.12. At α=.1, do you have enough evidence to reject the claim
The mean monthly salary of a random sample of 20 college graduates under the age of...
The mean monthly salary of a random sample of 20 college graduates under the age of 30 was found to be $1320 with a standard deviation of $677. Assume that the distribution of salaries for all college graduates under the age of 30 is normally distributed. Construct a 90% confidence interval for µ, the population mean of monthly salaries of all college graduates under the age of 30. Between $1071 and $1569 Between $1408 and $4831 Between $1058 and $1582...
1. A random sample of 100 construction workers found that the average monthly salary was $21,310...
1. A random sample of 100 construction workers found that the average monthly salary was $21,310 USD with a standard deviation of $2405. A random sample of 81 Office workers found that the average salary was $27,041 with a standard deviation of $4651. a.) Calculate a 95% confidence interval for the true mean difference between office workers’ salaries and construction workers’ salaries. b.) Verify your conditions for inference c.) Interpret your confidence interval with a sentence in context. d.) According...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT