document.write( "Question 132780: You are the Vice President for Human Resources at XYZ Investment Management, Inc. Your employees have recently complained about their long working hours. You collected a sample of 49 timesheets and calculated an average of 41.5 hours with a standard deviation of 2.5 hours. Using a significance level of 0.01, can you conclude that your employees work more than 40 hours per week? \n" ); document.write( "
Algebra.Com's Answer #97027 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! You collected a sample of 49 timesheets and calculated an average of 41.5 hours with a standard deviation of 2.5 hours. Using a significance level of 0.01, can you conclude that your employees work more than 40 hours per week? \n" ); document.write( "--------------- \n" ); document.write( "Ho: mu = 40 \n" ); document.write( "Ha: mu > 40 (Claim) \n" ); document.write( "---------------- \n" ); document.write( "Critical value for one-tail T-test with alpha=1% and df= 48 = 2.326 \n" ); document.write( "--------- \n" ); document.write( "Test statistic: t(41.5) = (41.5-40)/[2.5/sqrt(49)] = 4.2 \n" ); document.write( "------------------- \n" ); document.write( "p-value = P(4.2 < t < 10)= 0.000057539... \n" ); document.write( "--------------- \n" ); document.write( "p-value is significantly less than alph, so reject Ho. \n" ); document.write( "The test supports acceptance of the Claim. \n" ); document.write( "============================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |