Examlex
Use the following to answer the question(s) below.
An advocacy group is investigating whether gender has an effect on job category in large investment firms. They surveyed a sample of firms with the following results:
-What is the probability that a randomly selected employee's job category is executive/managerial?
Mean Age
The average age of the individuals in a given population or group, calculated by dividing the sum of their ages by the number of individuals.
Effect Size
A quantitative measure of the strength of a phenomenon, used to ascertain the practical significance of research findings.
Statistically Significant
A determination that a result from data analysis has a low probability of occurring by chance, indicating a meaningful difference or relationship.
Practical Importance
Refers to the relevance and applicability of an idea, research finding, or theory to real-world situations.
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