A Company Compared the Variance of Salaries for Employees Who

question 121

Essay

A company compared the variance of salaries for employees who have been employed for 5 years or less with employees who have been employed for 10 years or more. They randomly selected 21 employees with 5 years or less experience and 15 employees with 10 years or more experience. The standard deviation for the group with 5 years or less experience was $2,225; the standard deviation for the group with 10 years or more experience was $1,875. Using the 0.05 significance level, what is the decision regarding the null hypothesis?

---

Definitions:

Nonadaptive Organizational Cultures

Organizational environments that struggle to adjust or respond effectively to changes in the external market or internal dynamics, often hindering growth and innovation.

Cautious Management

A management approach characterized by careful and deliberate planning and action, often to minimize risk.

Adaptive Organizational Cultures

Cultures within organizations that are flexible and able to adjust to changes in the environment or internal conditions.

Fit Perspective

The concept that emphasizes the alignment between an individual's abilities, values, and beliefs with the requirements, culture, and values of an organization or role.