SCENARIO 12-1 a Corporation Randomly Selects 150 Salespeople and Finds

question 177

Multiple Choice

SCENARIO 12-1 A corporation randomly selects 150 salespeople and finds that 66% who have never taken a self- improvement course would like such a course.The firm did a similar study 10 years ago in which 60% of a random sample of 160 salespeople wanted a self-improvement course.The groups are assumed to be independent random samples.Let represent the true proportion of workers who would like to attend a self-improvement course in the recent study and the past study, respectively.
-Referring to Scenario 12-1, what is the value of the test statistic to use in evaluating the alternative hypothesis that there is a difference in the two population proportions using = 0.10?

• A)4.335
• B)2.706
• C)1.194
• D)0.274

Analyze the relationship between organizational culture and ethical practices within organizations.

Recognize the challenges and benefits associated with fostering cultural diversity within organizations.

Understand the relationship between entrepreneurial culture and characteristics like risk-taking, creativity, and growth.

Grasp the concept of organizational dissent and its implications within the workplace.

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Definitions:

Opportunity Cost

The lost benefits of the next best alternative when one alternative is chosen over another.

Price

The amount of funds expected, essential, or submitted in reimbursement for something.

Apples

A type of fruit that is grown on apple trees, known for its sweet taste and nutritional benefits, often consumed fresh or used in various dishes.

Bananas

Commonly refers to a type of fruit, but in economic terms, it could relate to the market dynamics or trade aspects of agricultural products.