Statistical Methods For Analyzing Workplace And Economic Trends

This Assignment Answers document explains statistical techniques for workplace and economic trend analysis. Download now!

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Statistical Methods for Analyzing Workplace and Economic Trends1.If you wanted to determine if switching to a four day work-week increasedthe average hourly output of your 17 employees beyond what's producedon the present five day work-week, what kind of statistical test would youuse?Chi square2.If you were interested in examining the relationship between region of thecountry (southeast, northeast, mid-west, pacific) and the unemploymentrates of the states, what kind of statistical test would you use?T-test for dependent means3.If you were interested in examining the relationship between region of thecountry (southeast, northeast,and mid-west, pacific) and the political partyof the governor, what kind of statistical test would you use?T-test for independent samples (two-tailed)4.If you were interested in determining whether there was a differencebetween the average returns on domestic growth mutual funds, emergingmarkets mutual funds, and domestic value mutual funds, what kind ofstatistical test would you use?One wayANOVA5.If you were interested in determining whether male attorneys earned morethan female attorneys in West Virginia, what kind of statistical test wouldyou use?T test for independent sample (one tailed)

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