Faculty Members at a Local University Complain That Achieving Tenure

question 8

Multiple Choice

Faculty members at a local university complain that achieving tenure at their university takes much longer than at comparable universities.They randomly sample nine tenured faculty members at their university and find that the average time of service prior to tenure was 13.55 years, with a standard deviation of 1.98 years.What is a 95% confidence interval for the mean number of years of service to achieve tenure at this university?

• A) (12.028, 15.072)
• B) (12.057, 15.043)
• C) (12.256, 14.844)
• D) (8.984, 18.116)

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Definitions:

Incentive System

An incentive system is a business tool that uses rewards and penalties to motivate employees to achieve specific objectives and improve performance.

Employment Stability

The assurance of consistent work and income for employees, contributing to job satisfaction and loyalty.

Follow Demand

Adapting production and inventory levels to meet current demand trends to minimize surplus and shortages.

Keep Demand

Strategies or practices employed to maintain or increase the desire for products or services among consumers or clients.