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Point estimate of the proportion of hr professionals

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Reference no: EM132401531

In a survey of 800 randomly sample human resource professionals, 376 said that employee retention/turnover was an important challenge.

a) What is the point estimate of the proportion of HR professionals who say that employee retention/turnover is important?

b) Develop a 99% confidence interval for the population proportion of HR professionals who say that employee retention/turnover is important. Report it to 4 decimals.

c) Interpret the interval.

d) Suppose the claim is made that less than half of HR professionals would say that employee retention/turnover is important. Does the 99% confidence interval support or contradict this claim? Why?

Reference no: EM132401531

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