Use the Following to Answer Questions : in a Hypothesis

question 80

Short Answer

Use the following to answer questions : In a hypothesis test with hypotheses H₀ : μ=90 and H₁ : μ ≠ 90 , a random sample of 103 elements selected from the population produced a mean of 94.3. Assume that σ = 22.1, and that the test is to be made at the 5% significance level.
-Should you reject or fail to reject the null hypothesis in this test? (State your answer as "reject" or "fail to reject",but don't include the quotation marks.)

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Definitions:

Merit Pay Raises

Increases in salary given to employees based on their performance, often determined through evaluations and assessments.

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Specific, measurable objectives set to evaluate the effectiveness of employees or company processes.

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Programs designed by employers to motivate and reward employees for exceeding work performance goals.

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The established expectations, metrics, or benchmarks used to measure and assess an individual's or organization’s performance in specific areas.