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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

Question 93

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A group of managers was asked whether they would be willing to adopt a pay-for-performance compensation package.Of the 18 respondents,12 indicated that they were willing to adopt a pay-for-performance compensation package,while 5 indicated that they would not.
-Is there evidence that a majority of mangers would be willing to adopt such a compensation scheme?

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verifed

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H0 : P = 0.50 (No preference),
H1 : P < 0....

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