A human resource manager is interested in whether absences occur during the week with equal frequency. The manager took a random sample of 100 absences and created the following table.
At a significance level of .05, test H0: the probabilities are equal for all five days. What is your conclusion?
Definitions:
Economic Forces
Represent the various external factors that influence the economy and affect businesses and consumers, such as inflation, interest rates, and unemployment rates.
Global Compensation Strategy
Involves designing and implementing compensation practices that are consistent worldwide while also accommodating local laws, practices, and expectations.
Competitiveness
The ability of a company, country, or individual to produce goods and services at a lower cost, higher quality, or more innovatively than competitors.
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