The Human Resources Department of a company conducts a survey to determine if a new medical...

The Human Resources Department of a company conducts a survey to determine if a new medical insurance plan is viewed favorably. Out of 200 employees surveyed 80 said they liked the change.

a. Calculate a 95% confidence interval for the population proportion who view the change favorably.

b. What is the proper interpretation of the interval constructed in Part a?

i. There is a 95% chance that the population proportion lies within the constructed interval.

ii. If 20 similar confidence intervals were constructed on average 19 of these would contain the population proportion.

iii. The interval defines the values that are not plausible for the population proprtion.

Expert Solution

orchestra answered 2 years ago

The human resources department for your company needs a program that will determine how much to...

The human resources department for your company needs a program that will determine how much to deduct from an employee’s paycheck to cover healthcare costs. Health care deductions are based on several factors. All employees are charged at flat rate of $150 to be enrolled in the company healthcare system. If they are married there is an additional charge of $75 to cover their spouse/partner. If they have children, the cost is $50 per child. In addition, all employees are...

Scenario: The human resources department for your company needs a program that will determine how much...

Scenario: The human resources department for your company needs a program that will determine how much to deduct from an employee’s paycheck to cover healthcare costs. Health care deductions are based on several factors. All employees are charged at flat rate of $150 to be enrolled in the company healthcare system. If they are married there is an additional charge of $75 to cover their spouse/partner. If they have children, the cost is $50 per child. In addition, all employees...

The human resources department of a very large organisation is trying to determine the proportion of...

The human resources department of a very large organisation is trying to determine the proportion of all employees that are satisfied with their current position. They randomly select 121 employees and ask them: "Are you satisfied with your current position?" 61 replied yes they were. Construct a 95% confidence interval to estimate the true proportion of all employees at this workplace who were satisfied with their position. A 95% confidence interval for the true proportion of all employees at this...

How the Human Resources Department rewards the employees?

the human resources department in BCC university want to hire for Fall 2020, 10 new instructors....

the human resources department in BCC university want to hire for Fall 2020, 10 new instructors. You are requested to create job analysis for 2 positions, 1 for Business Instructor and 1 for Engineering Instructor. You need to include the following: 1- Job description for each position. (40 pts) A job description is a written statement of what a jobholder does, how it is done, and why 2- Job specification for each. (40 pts) The job specification states the minimum...

The director of Human Resources at a large company wishes to determine if newly instituted training...

The director of Human Resources at a large company wishes to determine if newly instituted training has been effective in reducing work-related injuries. In a random sample of 100 employees taken from the six months before this training began (group 1), she found 15 had suffered a work-related injury. Using a random sample of 150 employees from the six months since the training began (group 2), she found 12 had suffered a work-related injury. a) Find the 95% confidence interval...

The human resources department needs to forecast the number of sexual harassement investigations for the entire company.

The human resources department needs to forecast the number of sexual harassement investigations for the entire company. The data for several months is supplied below. Be careful since the data is listed beginning with the most recent. The forecasting method to be used here is the 4 month weighted moving average adjusting for seasonality where the weights, starting with the most recent time period, are 0.4, 0.3, 0.2, 0.1. Again, you must find the seasonality factors for the data....

Human Resources department at a manufacturing company is concerned about unauthorized absences of its employees. As...

Human Resources department at a manufacturing company is concerned about unauthorized absences of its employees. As a part of their research, they decided to investigate the relationship between the number of unauthorized days that employees are absent per year and the distance (miles) between home and work for the employees. A sample of 10 employees was chosen, and the following data were collected. Perform an appropriate analysis on the data at a 0.01 level of significance. Answer the following questions...

A researcher wanted to determine the number of televisions in households. He conducts a survey of...

A researcher wanted to determine the number of televisions in households. He conducts a survey of 40 selected households and obtains the data in the accompanying table. Complete parts (a) through (h) below. Table of television counts: 0 3 2 2 1 2 1 3 3 2 1 4 2 1 3 2 2 1 1 3 1 1 2 2 2 4 0 1 4 5 2 1 2 4 2 1 1 2 2 3 A.) Are these...

The Legal Department (LE) and Human Resources Department (HR) of the XXX Corporation support the operations...

The Legal Department (LE) and Human Resources Department (HR) of the XXX Corporation support the operations of Divisions A and B of the XXX Corporation. The total cost incurred by the Legal Department in supporting A and B is $2,000,000. The total cost incurred by the Human Resources Department in supporting A and B is $10,000,000. The Legal Department devotes 400 Person-Hours (PH) to support Division A, 600 PH to support division B, and 100 PH to support the Human...

Question