Compare the average success index for two groups of managers

Assignment Help Econometrics
Reference no: EM13212220

Behavioral researchers have developed an index designed to measure managerial success. The index (measured on a 100-point scale) is based on the manager's length of time in the organization and his or her level within the firm: the higher the index, the more successful the manager. A researcher wants to compare the average success index for two groups of managers at la large manufacturing plant. Managers in group 1 engage in a high volume of interactions with people outside their work unit, while managers in group 2 rarely interact with people outside their work unit. Independent random samples of 12 and 15 managers are selected from groups 1 and 2 and the success index of each recorded. In group 1 the mean is 65.33 and the standard deviation is 6.61. In group 2 the mean is 49.47 and the standard deviation is 9.33. Test the null that there is no difference versus the alternative that there is a difference. Use =0.05.

Reference no: EM13212220

Questions Cloud

What could be done to promote the socially desirable outcome : Likelihood a non-doping rider will get cut from a team for under-performance: 50% Staying clean while everyone else is clean (High Payoff) Expected value- Value of competing for one year: $1 million Expected penalties- None $0 million Staying clea..
Explain what is the expected temperature change : When 0.75 g of Mg(s) is reacted with excess HCl(aq) in a calorimeter of total heat capacity (container plus contents) of 550.0 J/ºC, what is the expected temperature change ?T?
Why do countries repay their foreign debts : Why do countries repay their foreign debts? Why don't countries repay their foreign debts and what is the risk with exchange rates when they are fixed? What is the risk with exchange rates when they float?
A temperature at the vapor pressure of ethanol would equal : The vapor pressure of ethanol is 60.1 torr at 25.0 degree C, and its molar heat of vaporization is 39.3kj/mol. Estimate the temperature at which the vapor pressure of ethanol would equal 350. torr?
Compare the average success index for two groups of managers : A researcher wants to compare the average success index for two groups of managers at la large manufacturing plant. Managers in group 1 engage in a high volume of interactions with people outside their work unit, while managers in group 2 rarely i..
What are the type of engine meets the pollution standards : A major car manufacturer wants to test a new engine to determine whether it meets new air pollution standards. The mean emission of all engine of this type must be less than 20 parts per million of carbon. Ten engines are manufactured for testing ..
Define lowering the risk of damage to healthy tissue : Iridium-192 is one radioisotope used in brachytherapy, in which a radioactive source is placed inside a patient\'s body to treat cancer. Brachytherapy allows the use of a higher than normal dose to be placed near the tumor while lowering the risk ..
Create a tax plan for the future redemption : Create a tax plan for the future redemption of the client's stock owned in the construction company that will not be taxed according to Section 301 of the IRC.
In which country is level of steady-state output per worker : The economies of two countries, Thrifty and Profligate, have the same production functions and depreciation rates. There is no population growth or technological progress in either country. The economies of each country can be described by the Sol..

Reviews

Write a Review

Econometrics Questions & Answers

  What is the irr-maximizing investment choice of c0

you can invest in a project with returns that depend on the amount of your investment. Specifically, the formula relating next year's payoff to your investment today is C1=(-C0 -0.1)^(1/2), c1 c2 are in million dollars.

  Find the amount that should be invested to total in 5years

A company will need $65,000 in 5 years for a new addition. To meet this goal, the deposits money in an account today that pays 7% annual interest compounded quarterly. Find the amount that should be invested to total &65,000 in 5 years.

  Calculate the money multiplier in mm

Suppose that due to whatever reason, reserve demand changes and you forecast the reserve demand to now be Rd = 270 - 30 iff. In order to keep the federal funds rate at target, what must the open market desk do? Be specific and show this developmen..

  What rate of return would the indians have received

Peter Minuit bought an island from the Manhattoes Indians in 1626 for $24 worth of beads and trinkets. The 1991 estimate of the value of the land on this island was $12 billion (1 billion = 109). What rate of return would the Indians have received ..

  What are initial levels of real gdp and labor productivity

In the economy of Cape Despair, the subsistence real wage rate is $15 an hour. Whenever real GDP per hour rises above $15, the population grows, and whenever real GDP per hour of labor falls below this level, the population falls.

  What is the future worth of the investment in year-0-dollars

General price inflation is estimated to be 3% for the next 5 years, 5% the 5 years after that, and 8% the following 5 years. If you invest $10,000 at 10% for those 15 years, what is the future worth of your investment in year-0-dollars at that tim..

  Calculate the dividend yield and the capital-gains yield

A stock was priced at $150 per share at the end of 1999. The following table shows dividends per share paid during each year and the price of the stock at the end of the year for the following four years year divedends paid during year stock price ..

  Find the mean and standard deviation of the return

An analysis of stock market manufactures the following data about the returns of two stocks.

  How might the firm increase labors average productivity

Suppose we have a single-variable input production function such a Q=f(L), where L is the number of workers and Q the quantity of output per day. Workers are paid a flat salary of $200 per day.

  How many years must the system last invested

An expenditure of $20,000 is made to modify a material-handling system in a small job shop. This modification will result in first-year savings of $2,000, a second-year savings of $4,000, and a savings of $5,000 per year thereafter.

  What is the per worker production function

Suppose initially (period 0) the economy is endowed with $5 (billion) of capital stock and 10 (thousand) workers (let's ignore the units). We know that saving rate s is 0.15, population growth rate n is 0.01 and depreciation rate d is 0.09.

  Calculate smithias unplanned change in inventories

Throughout the problem set, we assumed that net taxes do not depend on income (that is, net taxes are a lump sum). However, in reality, taxes do vary with income. Suppose Bodinia and Goldland are two economies that are exactly the same in every as..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd