There Are Different Approaches to Fitness Training Do These Results Allow Us to Conclude at the 5

question 36

Essay

There are different approaches to fitness training. To judge which one of two approaches is better, 200 25-year-old men were randomly selected to participate in an experiment. For four weeks, 100 men were trained according to approach 1 while the other 100 men were trained according to approach 2. The percentage improvement in fitness was measured for each man and the statistics shown below were computed. The percentage figures are known to be normally distributed. $$\begin{array} { | c | c | } \hline \text { Approach 1 } & \text { Approach } 2 \\\hline \bar { x } _ { 1 } = 27.3 & \bar { x } _ { 2 } = 33.6 \\\hline s _ { 1 } ^ { 2 } = 47.614 & s _ { 2 } ^ { 2 } = 28.09 \\\hline\end{array}$$ Do these results allow us to conclude at the 5% significance level that the variance of the percentage improvement with approach 2 is less than 40?

Understand the basic theories of motivation and their key concepts.

Identify the factors that contribute to an effective organizational climate.

Distinguish between intrinsic and extrinsic motivators and their effects on employees.

Recognize the significance of Maslow's hierarchy of needs in understanding employee motivation.

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Definitions:

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period, used to evaluate the profitability of an investment.

Investment Project

A project that involves allocating resources like capital, manpower, and time with the expectation of generating future returns over the project’s lifespan.

Internal Rate Of Return

A financial metric used to evaluate the profitability of an investment, representing the interest rate where the net present value of all cash flows is zero.

Salvage Value

The calculated leftover value of an asset once it has reached the end of its service life.