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The R.D.Wilson Company makes a soft drink dispensing machine that allows customers to get soft drinks from the machine in a cup with ice.When the machine is running properly,the average number of fluid ounces in the cup should be 14.Periodically the machines need to be tested to make sure that they have not gone out of adjustment.To do this,six cups are filled by the machine and a technician carefully measures the volume in each cup.In one such test,the following data were observed: observed: Based on these sample data,which of the following is true if the significance level is .05?
Efficiency Wages
A theory suggesting employers may pay wages higher than the market equilibrium to increase productivity, reduce turnover, and motivate employees.
Worker Turnover
The rate at which employees leave a workforce and are replaced by new ones, which can affect organizational performance and costs.
Minimum Wage Laws
Legislation that sets the lowest hourly rate that employers can legally pay their employees.
Unemployment Levels
The proportion of the labor force that is jobless and actively seeking employment.
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