The Manager of a Video Library Would Like the Variance

question 22

Multiple Choice

The manager of a video library would like the variance of the waiting times of the customers not to exceed 2.30 minutes-squared. He would like to add an additional billing counter if the variance exceeds the cut-off. He checks the recent sample data. For a random sample of 24 customer waiting times, he arrives at a sample variance of 3.8 minutes-squared. The manager assumes the waiting times to be normally distributed. Which of the following would be null and the alternate hypothesis to test if the cut-off is surpassed?

• A) Η₀: σ² ≤ 2.3, Η_A: σ² > 2.3.
• B) Η₀: σ² = 2.3, Η_A: σ² ≠ 2.3.
• C) Η₀: σ² ≥2.3, Η_A: σ² < 2.3.
• D) Η₀: σ² < 2.3, Η_A: σ² ≥ 2.3.

Comprehend the preferences of "Creative class" workers regarding living environments over specific job roles.

Identify strategies companies can utilize to make work feel meaningful through enhancing workers’ sense of belonging and relationship depth.

Trace the historical connection between work, identity, and the pursuit of a meaningful life to the onset of industrialization.

Describe the impact of modern capitalism's short-term thinking on personal character as identified by Richard Sennett.

---

Definitions:

Self-Actualisation

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Psychological Contracts

An unwritten agreement between employees and employers regarding mutual expectations.

Performance-Outcome Contingencies

The relationship between the performance of specific actions and the resulting outcomes, emphasizing the role of rewards or consequences.

Expectancies

Beliefs about the likelihood of a particular outcome as a result of one's actions or behaviors.