Create a Confidence Interval for the Mean Difference A) 1753
B) 1

question 19

Multiple Choice

Create a confidence interval for the mean difference.
-A mid-sized company has decided to implement an enterprise resource planning (ERP)
System, and management suspects that many of its employees are concerned about the
Planned implementation. Managers are considering holding informational workshops to
Help decrease anxiety levels among employees. They randomly select 16 employees to
Participate in a pilot workshop. These employees were given a questionnaire to measure
Anxiety levels about ERP before and after participating in the workshop. At the 90%
Confidence level, what is the margin of error for the mean difference in anxiety levels pre-
And post-workshop? $$\begin{array} { | l | c | c | c | c | c | c | c | c | c | c | c | c | c | c | c | c | } \hline \begin{array} { l } \text { Pre-workshop } \\\text { anxiety level }\end{array} & 7 & 6 & 9 & 5 & 6 & 7 & 5 & 7 & 6 & 4 & 3 & 2 & 1 & 3 & 4 & 2 \\\hline \begin{array} { l } \text { Post-workshop } \\\text { anxiety level }\end{array} & 4 & 3 & 7 & 3 & 4 & 5 & 4 & 6 & 5 & 3 & 2 & 2 & 1 & 3 & 4 & 3 \\\hline \begin{array} { l } \text { Difference } \\\text { (Post - Pre) }\end{array} & - 3 & - 3 & - 2 & - 2 & - 2 & - 2 & - 1 & - 1 & - 1 & - 1 & - 1 & 0 & 0 & 0 & 0 & 1 \\\hline\end{array}$$

• A) 1.753
• B) 1.147
• C) 0.287
• D) 0.503
• E) 2.010

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Definitions:

Production

The method of integrating different physical and non-physical inputs, such as materials and ideas, to produce goods for use.

Opportunity Costs

Missing out on potential benefits from various options due to the selection of a single alternative.

Trade

The practice, in a market economy, in which individuals provide goods and services to others and receive goods and services in return.

Specialize

Specialize refers to the process of focusing efforts and resources on a narrow area of expertise or production to gain efficiency, higher quality, or other advantages.