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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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