A New Manager,hired at a Large Warehouse,was Told to Reduce

question 24

Multiple Choice

A new manager,hired at a large warehouse,was told to reduce the employee sick leave.The manager introduced a new incentive program for employees with perfect attendance.The manager later compares the sick leave rate prior to the program starting (65 out of 250 employees were sick) to the sick leave rate one month into the program (60 out of 253 employees were sick) .Construct a 98% confidence interval for the difference in the proportions of sick employees prior to the program and one month into the program.

• A)(-0.0405,0.0862)
• B)(0.0668,0.1125)
• C)(-0.0764,0.1221)
• D)(-0.0668,0.1125)
• E)(-0.0527,0.0984)

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Definitions:

Cost of Goods Sold

The immediate expenses linked to the creation of products that a company sells.

Sales

The transactions involving the exchange of goods or services for money, constituting the revenue of a business.

Accounts Receivable Balance

The total amount of money owed to a company by its customers for goods or services sold on credit.

Cost of Goods Sold

The direct costs associated with producing goods sold by a company, including materials and labor costs.