Consider the Following to Answer the Question(s) Below

question 2

Multiple Choice

Consider the following to answer the question(s) below:
A walk-in medical clinic believes that arrivals are equally distributed over weekdays (Monday through Friday) . It has collected the following data based on a random sample of 100 days.

-At α = 0.05,

• A) we fail to reject the null hypothesis and conclude that arrivals are equally distributed based on this sample.
• B) we reject the null hypothesis.
• C) we fail to reject the alternative hypothesis and can conclude that arrivals are not equally distributed based on this sample.
• D) we support the alternative hypothesis. There is strong evidence that arrivals are not the same over weekdays.
• E) as the P-value = 0.645 is high, we conclude that arrivals are not equally distributed. Monday arrivals are the highest.

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Definitions:

Human Capital

A collection of proficiencies, knowledge, or invisible assets owned by individuals that can be leveraged to bring about economic prosperity for themselves, their work environments, or their community.

Compensating Differential

A difference in wages that compensates workers for undesirable aspects of a job, such as hazardous working conditions or undesirable hours.

Labor Supplied

The sum of hours employees are ready and available to work for a specified pay rate.

Skilled Labor

Workers who have obtained specialized training, education, knowledge, and abilities to perform specific tasks.