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Maxwell Cantor, VP of Human Resources of Asimov Aerospace Industries α\alpha

question 75

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Maxwell Cantor, VP of human resources of Asimov Aerospace Industries Inc., is reviewing the technical certifications of employees in different divisions of the company.His goal is to have at least 90% of technical employees with up-to-date certifications.The north-east division typically has maintained higher rates of up-to-date certifications than the southern division.He selects a random sample of 250 employees from the north-east division and 300 from the southern division and finds out that the number of employees with up-to-date certifications are 230 in the north-east division and 265 in the southern division.Assuming α\alpha = 0.01, the appropriate decision is ______.


Definitions:

Game Theory

A study of strategic decision making, analyzing interactions with formalized incentive structures ("games").

Strategic Choices

Decisions made by individuals or organizations that have significant long-term implications on their objectives and activities.

Prisoners' Dilemma

A situation in game theory where two individuals acting in their own self-interest do not produce the optimal outcome for either party.

Optimal Behavior

Actions or decisions that maximize the benefit or utility to an individual or entity under given constraints.

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