A Fast Food Company Uses Two Management-Training Methods

question 82

Multiple Choice

A fast food company uses two management-training methods.Method 1 is a traditional method of training and Method 2 is a new and innovative method.The company has just hired 31 new management trainees.15 of the trainees are randomly selected and assigned to the first method,and the remaining 16 trainees are assigned to the second training method.After three months of training,the management trainees took a standardized test.The test was designed to evaluate their performance and learning from training.The sample mean score and sample standard deviation of the two methods are given below.The management wants to determine if the company should implement the new training method. Write the alternative hypothesis.

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Definitions:

Unemployment Rate

The percentage of those in the labor force who are not working but are in search of employment.

Natural Rate

Often refers to the natural rate of unemployment, which is the level of unemployment consistent with a stable rate of inflation, not zero unemployment.

Unemployment

The situation in which individuals who are capable of working and are actively seeking work remain un-hired.

Money Growth

The increase in the amount of money in an economy over time.