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A large company is interested in knowing whether there is any relationship between a persons age and that persons opinion about a new wage incentive plan. A random sample of 100 employees was selected and cross- classified as shown below.
At the 1% level of significance, can it be concluded that there is a relationship between an employees age and an employees opinion about the new wage incentive plan? Formulate and test the appropriate hypothesis. Use the critical value approach.
SHOW ALL WORK.
Under 35- 5 opposed, 5 neutral, 10 in favor
35 to 55- 10 opposed, 30 neutral, 10 in favor
over 55- 15 opposed, 10 neutral, 5 in favor
Reflection to date
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A BusinessWeek/Harris survey asked senior executives at large corporations
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