Increasing Numbers of Businesses Are Offering Child-Care Benefits for Their

question 112

Essay

Increasing numbers of businesses are offering child-care benefits for their workers. However, one union claimsthat more than 80% of firms in the manufacturing sector still do not offer any child-care benefits to theirworkers. A random sample of 390 manufacturing firms is selected and asked if they offer child-care benefits.Suppose the P-value for this test was reported to be p = 0.1112. State the conclusion of interest to the union.Use α = 0.10.

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Definitions:

Federal Communications Commission

A United States government agency responsible for regulating interstate and international communications via radio, television, wire, satellite, and cable.

Geographical Pricing

A pricing strategy where the price of a product or service varies depending on the geographical location or market.

FOB Freight-Allowed

A shipping term indicating that the seller pays for the transportation of goods to a specific location, but the buyer assumes the risk of loss once shipped.

Basing-Point Pricing

A pricing strategy where the price of goods includes transportation costs from a specific location, regardless of the actual shipment origin.