A Fast Food Company Uses Two Management-Training Methods $\alpha$ = 05 to Conclude That the New Training Method Is More

question 98

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.
Is there evidence at $\alpha$ = .05 to conclude that the new training method is more effective than the traditional training method?

• A)Yes,there is evidence to reject the null hypothesis
• B)No,there is not sufficient evidence to reject the null hypothesis

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Definitions:

Contribution Format

A method of income statement presentation that separates variable costs from fixed costs, highlighting the contribution margin.

Sales Mix

The proportion of different products or services that comprise the total sales of a company, affecting overall profitability.

Contribution Margin Ratio

The percentage of revenue that exceeds variable costs, indicating the proportion of sales that contributes to fixed costs and profits.

Break-Even Point

The production level or sales volume at which total revenues equal total costs, resulting in zero profit.