Write the Word or Phrase That Best Completes Each Statement $\alpha = 0.05$

question 11

Essay

Write the word or phrase that best completes each statement or answers the question.
-A local company is concerned about the number of days missed by its employees due to illness. A random sample of 10 employees is selected. The numbers of days absent in one year is listed below. An incentive program is offered in an attempt to decrease the number of days absent. The number of days absent in one year after the incentive program is listed below. Use the Wilcoxon signed-ranks test to test the hypothesis that the incentive program cuts down on the number of days missed by employees.
Use $\alpha = 0.05$ .

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Definitions:

Strategic Compensation

A systematic approach to managing a company’s payment strategies to align with its business goals and objectives.

Attracting New Employees

Strategies and practices aimed at drawing in potential candidates to fill open positions within an organization.

Reducing Turnover

Strategies or practices intended to decrease the rate at which employees leave and have to be replaced within an organization.

Expectancy Theory

A motivational theory suggesting that individuals are more likely to act in a certain way if they expect that the action will lead to a desired outcome or reward.