A Local Company Is Concerned About the Number of Days

question 120

Essay

A local company is concerned about the number of days missed by its employees due to illness. A randomsample of 10 employees is selected. The number of days absent in one year is listed below. An incentiveprogram is offered in an attempt to decrease the number of days absent. The number of days absent in one yearafter the incentive program is listed below. Test the claim that the incentive program cuts down on the numberof days missed by employees. Use α = 0.05. Assume that the distribution is normally distributed. $$\begin{array} { l | c | c | c | c | c | c | c | c | c | c | } \text { Employee } & \mathrm { A } & \mathrm { B } & \mathrm { C } & \mathrm { D } & \mathrm { E } & \mathrm { F } & \mathrm { G } & \mathrm { H } & \mathrm { I } & \mathrm { J } \\\hline \begin{array} { l } \text { Days absent before } \\\text { incentive }\end{array} & 3 & 8 & 7 & 2 & 9 & 4 & 2 & 0 & 7 & 5 \\\hline \begin{array} { l } \text { Days absent after } \\\text { incentive }\end{array} & 1 & 7 & 7 & 0 & 8 & 2 & 0 & 1 & 5 & 5\end{array}$$

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Definitions:

Production Possibilities

The various combinations of goods and services an economy can produce when all its resources are fully employed.

Capital Goods

Long-lasting goods that are used in the production of other goods or services and are not consumed in the production process.

Consumer Goods

Products that are purchased for consumption by the average consumer.

Production Possibilities Curve

A graphical representation that shows the maximum possible output combinations of two goods or services an economy can achieve when all resources are used efficiently.