Merit In Order to Receive a Merit Raise a Computer Clerk

question 160

Short Answer

Merit
In order to receive a merit raise a computer clerk must average less than 15 minutes per order form processed.An across-the-board raise was given if the average is 15 minutes or more.The supervisor randomly selects 36 order forms and carefully times the length of time required to enter all of the data on each form.The significance level = 0.02.The average time to enter the 36 order forms is 14.36 minutes,and the population standard deviation is 3.03 minutes with a normal distribution.The test question is: Should a merit raise be given?
-State the decision rule in terms of the critical value as well as the p-value.

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Definitions:

Development Economists

Professionals who study economic development, focusing on improving fiscal, sectoral, and social conditions in developing countries.

Population Growth

An increase in the number of individuals within a population, affected by factors such as birth rates, mortality rates, and migration.

Economic Development

The process by which the economic well-being and quality of life of a nation, region, or local community are improved according to specific goals and objectives.

Poverty

A condition where a person or community lacks the financial resources and essentials for a minimum standard of living.