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Exhibit 9-6.The Institute of Education Sciences measures the high school dropout rate as the percentage of 16- through 24-year-olds who are not enrolled in school and have not earned a high school credential.In 2009,the high school dropout rate was 8.1%.A polling company recently took a survey of 1000 people between the ages of 16 and 24 and found 6.5% of them are high school dropouts.The polling company would like to determine whether the dropout rate has decreased. Refer to Exhibit 9-6.At a 5% significance level,the p-value and are _____________.
Talent
The natural aptitudes, skills, and competencies possessed by individuals, especially those that are valuable to organizations.
Paid-Time-Off Plans
Employee benefit programs that offer a pool of days for vacation, sick leave, and personal time, which employees can use at their discretion.
PTOs
Paid Time Off; a policy that combines vacation, sick leave, and personal leave into a single bank of days for employees to use at their discretion.
Work-Life Balance
The equilibrium between personal life and career work, where neither is neglected.
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