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Among 1,000 managers with degrees in business administration,the following data have been accumulated as to their fields of concentration.
We want to determine if the position in management is independent of field (major)of concentration.
a.Compute the test statistic.
b.Using the p-value approach at 90% confidence,test to determine if management position is independent of major.
c.Using the critical value approach,test the hypotheses.Let = 0.10.
Static Organizations
Refer to organizations that maintain stable structures, processes, and strategies over time, resisting change and innovation.
Information Technology (IT)
involves the use of computers, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.
Democratizes
The process of making systems, processes, or information accessible and participatory to all, often involving the distribution of power away from a central authority.
Invisible Assets
Non-physical resources that have economic value, such as brand reputation, intellectual property, or human capital.
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