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TABLE 12-18
The director of transportation of a large company is interested in the usage of the company's van pool program.She surveyed 129 of her employees on the usage of the program before and after a campaign to convince her employees to use the service and obtained the following: She will use this information to perform a test using a level of significance of 0.05.
-Referring to Table 12-18,the director now wants to know if the proportion of employees who use the service before the campaign and the proportion of employees who use the service after the campaign are the same.What is the value of the test statistic using a 5% level of significance?
Average Costs
The total costs of production divided by the number of units produced, often used to assess cost efficiency.
Lease Cost
The expense associated with renting an asset, such as equipment or property, for a specified period.
Sales Volume
Sales volume refers to the total number of units of a product or service sold by a company during a specified period, often used to measure business activity level.
Total Lease Cost
The cumulative amount of money paid over the lifetime of a lease agreement, including monthly payments, fees, and other charges.
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