In an Effort to Improve Productivity in Its Factory,a Firm $\alpha$

question 80

Multiple Choice

In an effort to improve productivity in its factory,a firm recently instituted a training program for its workers.One of the work crews consisted of 14 workers.Seven workers from this crew were selected at random to attend the training course.All seven workers selected successfully completed the training course.The remaining seven workers served as a control group and did not attend the training course.Three months after the training course,a foreman who did not know which employees attended the training course was asked to rank all 14 employees in terms of their productivity.A rank of 14 indicates the most productive employee in the crew while a rank of one indicates the least productive worker.
At $\alpha$ = .05,can it be concluded that training was beneficial in improving productivity?

• A)Reject the null hypothesis,training is beneficial
• B)Fail to reject the null hypothesis,cannot determine if the training makes a difference

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Definitions:

Replenishment

The process of refilling inventory or stock to ensure adequate levels for ongoing operations or sales demands.

Journal Entry

An accounting record of a business transaction in the accounting books, including information such as the date of the transaction, amounts, accounts affected, and a brief description.

Petty Cash

A small amount of cash on hand used for minor expenses.

Merchandise Inventory

Refers to the goods a company has on hand for the purpose of resale to customers in the normal course of business.