Do the Students in the Campus Spend Less on Food

question 20

Multiple Choice

Do the students in the campus spend less on food than an average American resident does? To answer this question, expenses of 25 students were calculated. ​ ​ Food expenses of an average American person are $220. Interpret the output of the Shiny app "Randomization test for a population mean" using a significance level of 0.05. ​ ​

• A) There is convincing evidence that students' expenses are less than the national average.
• B) There is no convincing evidence that students' expenses are less than the national average.
• C) There is convincing evidence that students' expenses are equal to the national average.
• D) Students' expenses are certainly equal to the national average.
• E) The population is too large to make a conclusion.

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Definitions:

Estimating HR Demand

The process of forecasting the future needs for human resources in an organization based on operational requirements and strategic goals.

Historical Organizational Indices

Measurements or indicators derived from an organization's past performance data to guide decision-making.

Nominal Group Technique

A structured method for group brainstorming that encourages contributions from all members and is used to generate and evaluate ideas.

Define the Question

The process of clearly specifying the problem or issue to be addressed, serving as a critical first step in researching or making decisions.