Solved

Economic Review Reported That for 50% of American Workers, the Biggest

Question 63

Multiple Choice

Economic Review reported that for 50% of American workers, the biggest job-related concern is that their skills will become obsolete; for 30%, the biggest concern is that their job would be lost to foreign competition; for 15%, the biggest concern is that younger workers will take their place, and for 5%, the biggest concern is stress in the workplace.You take a sample of workers to test the accuracy of the report.In your sample of 120 workers, some said their biggest concern was that their skills would become obsolete, some said their biggest concern was that their job would be lost to foreign competition, some said their biggest concern was that they would be replaced by younger workers, and the rest said their biggest concern was workplace stress.You conduct a chi-square goodness-of-fit test to test whether these sample results are consistent with the Economic Review report.The significance level will be set at 1%. If the p-value for the test turns out to be .002, what should you conclude?


A) The sample results "fit" Economic Review's report.
B) The sample results don't "fit" Economic Review's report.
C) The sample is too small to determine whether the sample results are consistent with Economic Review's report.
D) The sample results are not valid.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions