Formulate and test the appropriate hypothesis

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Reference no: EM13822890

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.

		Persons Opinion
Persons Age		Opposed	Neutral	Favor	Total
	Under 35	5	5	10	20
	35 to 55	10	30	10	50
	Over 55	15	10	5	30
	Total	30	45	25	100

Reference no: EM13822890

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