You are given data from a company that recently laid off a large number of workers....

50.1K

Verified Solution

Question

Basic Math

You are given data from a company that recently laid off a largenumber of workers. The data includes the following variables:

Age of the employee

Number of years of education

Marital status (1=married/0=single)

Number of years that the employee worked for the company

Was a manager (1=yes/0=no)

Was in sales (1=yes/0=no)

Was primary earner in the family (1=yes/0=no)

95% confidence interval for proportion of employees who were insales before they were laid off.

What do the confidence intervals tell you about the typicalemployee who got laid off?

AgeEducMarriedPrimary earnerlength of employmentManagerSales
301411100
271410600
3210011100
441110200
211411200
261310710
261510600
331301600
271211800
331201200
201110100
35711600
361701910
261211800
361501800
3816111101
3413011300
271910800
4413102200
451511600
281701301
251011100
3115101200
231510200
241311700
621301800
3116101100
4818013000
351811500
331401601
461501600
35801600
329111300
401710810
231211100
361601801
3312101001
3216011100
6215101601
2914111200
4512101700
381501601
408111601
421310210
4516112200
391111400
2715101001
421411610
311011800
331311800

Answer & Explanation Solved by verified expert
3.7 Ratings (442 Votes)
95 confidence interval for proportion of employees who were insales before they were laid offWhat do the confidence intervals tell you about    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students