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In Economic Downturns, Companies Attempt to Downsize Their Workforces by Offering

Question 51

Multiple Choice

In economic downturns, companies attempt to downsize their workforces by offering early retirement incentives to older employees. A survey of 723 companies found that
195 engage in such downsizing practices. The 99% confidence interval for the
Proportion of companies that downsize their workforces by offering early retirement
Incentives is


A) 0.19 to 0.35
B) 0.65 to 0.81
C) 0.19 to 0.47
D) 0.69 to 0.77
E) 0.23 to 0.31

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