In Cities and Towns on the Borders Between States There

question 2

Essay

In cities and towns on the borders between states there is a significant amount of flight across state lines to avoid high state taxes on gasoline.Some states (such as Iowa) have large rivers for borders and tolls to cross the bridges.Do these tolls impede traffic to other states to get cheaper gasoline? To test this hypothesis, an experimental Toll-Free Week will be instituted at the Farmington Bridge, where currently 50 cars per day drive out of the state.Let m denote the true average number of border crossings per day at Farmington if there were no toll. a)What is the appropriate null hypothesis? b)What is the appropriate alternative hypothesis? c)In your own words, distinguish between a Type I and a Type II error in this context.

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Definitions:

HR Professionals

Individuals who work within an organization's human resources department, focusing on recruitment, management, and guidance of the company's employees.

Environmental Threat

Potential harmful effects on an organization stemming from external environmental factors, such as economic shifts, regulatory changes, or natural disasters.

Strategic HR Planning

The process of aligning human resource management strategies with the overall strategic objectives of an organization to optimize workforce performance and meet future business needs.

Environmental Scanning

The act of examining the external factors influencing an organization's environment to identify trends, opportunities, and threats that could impact future operations.