The AAA Co

question 43

Short Answer

The AAA Co. is interested in the level of satisfaction of their employees in the benefit package that they offer compared to their major competitors. A consultant hired to conduct the satisfaction survey told AAA Co. that the distribution of level of satisfaction at other companies is displayed below.
A survey was conducted of 125 AAA employees with the following results.
Using the critical value for α = .05, test the null hypothesis that the distribution of AAA employees at each satisfaction level is similar to the distribution of the employees of their major competitors.

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Definitions:

False Information

Incorrect or untrue data or statements that could be misleading or deceptive.

Camera Dealers

Specialists or businesses focused on the sale of cameras and related photographic equipment.

Restraint of Trade

Legal restrictions imposed on businesses to prevent unfair competition, monopolies, or practices harmful to the market.

Sale of Business

The process of transferring ownership of a business entity from one party to another.