You ran a study at your business examining how many new versus established emplo
ID: 2949201 • Letter: Y
Question
You ran a study at your business examining how many new versus established employees joined your company's retirement program based on 2 incentive plans.Your data look like this:
Incentive 1 Incentive 2 New 40 70 Established 160 100 You want to know if the incentives were more/less effective for the groups of employees. Which group differed most from what was expected?
A. Established/Incentive 2 B. New/Incentive 1 C. New/Incentive 2 D. Established/Incentive 1
You ran a study at your business examining how many new versus established employees joined your company's retirement program based on 2 incentive plans.
Your data look like this:
Incentive 1 Incentive 2 New 40 70 Established 160 100 You want to know if the incentives were more/less effective for the groups of employees. Which group differed most from what was expected?
A. Established/Incentive 2 B. New/Incentive 1 C. New/Incentive 2 D. Established/Incentive 1
You ran a study at your business examining how many new versus established employees joined your company's retirement program based on 2 incentive plans.
Your data look like this:
Incentive 1 Incentive 2 New 40 70 Established 160 100 You want to know if the incentives were more/less effective for the groups of employees. Which group differed most from what was expected?
A. Established/Incentive 2 B. New/Incentive 1 C. New/Incentive 2 D. Established/Incentive 1
Explanation / Answer
There are total 4 groups :
Established/Incentive 2
New/Incentive 1
New/Incentive 2
Established/Incentive 1
Total number of employees = 40+70+160+100 = 370
Expected number of employees in each group = 370/4 = 92.5
Deviation from expected of the group New/Incentive 1 = |40-92.5|=52.5
Deviation from expected of the group New/Incentive 2 = |70-92.5|=22.5
Deviation from expected of the group Established/Incentive 1 = |160-92.5|=67.5
Deviation from expected of the group Established/Incentive 2 = |100-92.5|=7.5
Thus, the group differed most from what was expected is Established/Incentive 1
So, Answer is D
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