Examlex

Solved

A Company Has Surveyed a Sample of Its Employees to Find

question 45

Short Answer

A company has surveyed a sample of its employees to find out how many might take advantage of a weight loss program.The table below shows the results.For which of the groups could we use our methods of inference to determine a 95% confidence interval for the proportion of employees who would be willing to participate in the program?  Group  Number of  Employees  Number  Surveyed  Percent to  Participate  Building C 52002508% Building B 11901506% Building A 248209%\begin{array} { l | c | c | c } \text { Group } & \begin{array} { c } \text { Number of } \\\text { Employees }\end{array} & \begin{array} { c } \text { Number } \\\text { Surveyed }\end{array} & \begin{array} { c } \text { Percent to } \\\text { Participate }\end{array} \\\hline \text { Building C } & 5200 & 250 & 8 \% \\\text { Building B } & 1190 & 150 & 6 \% \\\text { Building A } & 248 & 20 & 9 \%\end{array}


Definitions:

Cash Collections

Cash collections involve the process of receiving and managing payments from customers or clients, typically reflecting a company's effectiveness in converting sales or receivables into cash.

Direct Labor Budget

An estimation of the total cost of labor required to produce a certain number of units within a specific period.

Direct Labor-Hours

The number of labor hours spent specifically on the manufacturing of products.

Direct Labor Rate

The cost per hour for labor directly involved in the manufacturing process of a product.

Related Questions