A company must choose between two pension plans. Data was collected on hourly workers and salaried workers preference for Plan 1 (p1) and Plan 2 (p2). Right now, they are specifically interested in determining if there is a difference between the proportions of hourly workers’ preference between the two plans. Calculate the test statistic for testing the hypothesis H0: p1 – p2 = 0. Given that: , , A. -6.5 B. 6.5 C. -.716
A company must choose between two pension plans. Data was collected on hourly workers and salaried workers
preference for Plan 1 (p1) and Plan 2 (p2). Right now, they are specifically interested in determining if there is a difference between the proportions of hourly workers’ preference between the two plans. Calculate the test statistic for testing the hypothesis H0: p1 – p2 = 0.
Given that:
,
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| A. | -6.5 |
| B. | 6.5 |
| C. | -.716 |
