Question

In: Statistics and Probability

Use this study to answer the following six questions: A large company had several members of...

Use this study to answer the following six questions: A large company had several members of its board of directors arrested for embezzlement, widely reported in the national news in a negative manner. Their human resources department was concerned that the company's resulting reputational damage had a negative effect on their employees. The HR department administers a standard stress questionnaire to their employees annually, which has a mean score of 129.4 (higher numbers indicate more stress). They obtained a sample of 61 current employees and gave them the stress questionnaire after the negative news was publicized; results showed a mean of =131.2 and standard deviation of = 12.30. Did the news about the arrests increase employee stress?

Identify the null and alternative hypotheses:

What is the correct CV and decision rule for rejecting the null hypothesis?

What is the standard error?

What is the observed value of t?

What is eta2?

Write an APA style conclusion about the results, including properly formatted statistics, in the context of the study.

Solutions

Expert Solution

Ho :   µ =   129.4
Ha :   µ >   129.4

degree of freedom=   DF=n-1=   60  
          

CV , critical t value, t* =        1.671   [Excel formula =t.inv.rt(α,df) ]
decision rule, reject Ho if t >1.671

==========

Standard Error , SE = s/√n =   12.3000   / √    61   =   1.5749

--------------

t-test statistic= (x̅ - µ )/SE = (   131.200   -   129.4   ) /    1.5749   =   1.143

------------------

decision: fail to reject Ho beause t <1.671

there is not enough evidence to conlcude that news about the arrests increase employee stress

t(60) = 1.143

p value=0.1288


Related Solutions

Use the following to answer questions: A company wants to study the relationship between an employee's...
Use the following to answer questions: A company wants to study the relationship between an employee's length of employment and their number of workdays absent. The company collected the following information on a random sample of seven employees. Number of Workdays Absent 2 3 3 5 7 7 8 Length of Employment (in yrs) 5 6 9 4 2 2 0 1.What is the independent variable (X)? 2.What is the dependent variable (Y)? 3.What is the slope of the linear...
Use the following information to answer the next six questions: Regency Rug Repair Company is trying...
Use the following information to answer the next six questions: Regency Rug Repair Company is trying to decide whether it should relax its credit standards. The firm repairs 72,000 rugs per year at an average price of $132 each. Bad-debt expenses are 1% of sales, the average collection period is 40 days, and the variable cost per unit is $28. Regency expects that if it does relax its credit standards, the average collection period will increase to 48 days and...
Use the following information to answer 3 questions: Chiang Rai Forest Company (CRFC), a very large...
Use the following information to answer 3 questions: Chiang Rai Forest Company (CRFC), a very large integrated wood and lumber products company with substantial timber holdings, has two divisions: Forest and Lumber. Forest division manages the timber holdings, maintains the land and plants and harvests trees. Forest Division’s total asset value is stated on CRFC’s balance sheet as $2.2 billion. Most of the timber the Forest division harvests is sold internally to the Lumber division. Any timber not sold to...
Please answer the following case study questions: Time Theft Case: You are the supervisor of several...
Please answer the following case study questions: Time Theft Case: You are the supervisor of several employees. Each employee has their own individual way of “slacking” at work. If you have an employee, who you pay, who is doing something other than working, technically they are being paid to do something that they are not doing. This is typically called, time theft. Examples include taking long breaks, talking to peers, taking too long of a lunch, looking at social media...
Use the following data set – Pain Relief Study - to answer this series of questions....
Use the following data set – Pain Relief Study - to answer this series of questions. Participant Before Treatment After Treatment 1 90 80 2 70 50 3 60 60 4 90 70 5 70 60 6 50 40 7 70 60 Patients in a drug trial rate their pain before treatment and after treatment. Higher scores equate to higher levels of reported pain with a maximum possible score of 100. 11.1 Calculate MD for the Pain Relief Study 11.2...
Use the following information to answer the next six questions: All balances are as of 12/31/2017...
Use the following information to answer the next six questions: All balances are as of 12/31/2017 unless specified otherwise. Loss on the Sale of Equipment 62,250 Income Tax Expense 48,750 Short Term Investments 1,500 Inventory 97,500 Retained Earnings, 1/1/17 281,000 Gain on Sale of Equipment 27,500 Goodwill 50,000 Cost of Goods Sold 204,000 Common Stock ??? Notes Payable 5/1/18 12,500 Cash 70,000 Sales Revenue 447,500 Accumulated Depreciation 50,000 Dividends 10,000 Notes Payable, due 12/31/19 104,500 Prepaid Expenses 2,500 Furniture 83,000...
i dont know questions 9 and 10 Use the following information to answer the next six...
i dont know questions 9 and 10 Use the following information to answer the next six questions: All balances are as of 12/31/2017 unless specified otherwise. Loss on the Sale of Equipment 62,250 Income Tax Expense 48,750 Short Term Investments 1,500 Inventory 97,500 Retained Earnings, 1/1/17 281,000 Gain on Sale of Equipment 27,500 Goodwill 50,000 Cost of Goods Sold 204,000 Common Stock ??? Notes Payable 5/1/18 12,500 Cash 70,000 Sales Revenue 447,500 Accumulated Depreciation 50,000 Dividends 10,000 Notes Payable, due...
CASE STUDY 2 - AUDIT RISK Use the following CASE STUDY facts to answer Questions 9...
CASE STUDY 2 - AUDIT RISK Use the following CASE STUDY facts to answer Questions 9 to 12 on this page: You are performing the audit for Premium PetCare Pty Ltd (PP), which operates a luxury boarding kennel and daycare facility for dogs and cats. PP bill their customers after their pet's stay, with 30-day payment terms. The Accounts Receivable turnover has slowed in the past year, with the average collection period going from 31.3 days in the previous period...
Read the case below and answer the following questions. In a large publishing company in New...
Read the case below and answer the following questions. In a large publishing company in New York, a young woman, Laura, was hired as a copy editor for one of the many journals produced by the company. Seven other employees worked on this team editing this Journal, including a senior editor named Tim. Laura had worked there for about a month when she and her fellow co-workers went for happy-hour after work. Everybody had a great time and had consumed...
Use the table below to answer the following questions. Which country had the highest level of...
Use the table below to answer the following questions. Which country had the highest level of per capita GDP in 2015? Artinia Plazi Boliv Ghala Chi Which country had the highest rate of growth in per capita GDP from 2010 to 2015? Ghala Boliv Plazi Artinia Chi Does per capita GDP in these countries appear to be converging? Yes, the countries with the lowest levels of per capita GDP have the highest rates of growth. Yes, the countries with the...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT