Make Conclusions About the Hypotheses

question 14

Multiple Choice

Make conclusions about the hypotheses.
-A company manufacturing computer chips finds that 8% of all chips manufactured are
Defective. In an effort to decrease the percentage of defective chips, management decides
To provide additional training to those employees hired within the last year. After
Training was implemented, a sample of 450 chips revealed only 27 defects. A hypothesis
Test is performed to determine if the additional training was effective in lowering the
Defect rate. Suppose the P-value associated with the test statistic is 0.0594. At α = .01,

• A) we can conclude that the additional training significantly lowered the defect rate.
• B) we can conclude that the additional training did not significantly lower the defect rate.
• C) we can conclude that the additional training significantly increased the defect rate.
• D) we can conclude that the additional training did affect the defect rate.
• E) None of the above.

---

Definitions:

Bounded Rationality

The concept that decision-making is limited by the information available, cognitive limitations of the mind, and the time available to make the decision.

Mental Shortcuts

Cognitive strategies or heuristics that the mind uses to make decisions or judgments quickly.

Representativeness Heuristic

A cognitive shortcut that involves making judgments based on how well something matches with stereotypes or prototypes in one's mind.

Cognitive Development

The process of growth and change in intellectual/mental abilities such as thinking, reasoning, and understanding, across the lifespan, influenced by genetics and environmental factors.