Management of a software development firm would like to establish a wellness program during the lunch hour
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Management of a software development firm would like to establish a wellness program during the lunch hour to enhance the physical and mental health of its employees. Before introducing the wellness program, management must first be convinced that a sufficiently large majority of its employees are not already exercising at lunchtime. Specifically, it plans to initiate the program only if less than 40% of its personnel take time to exercise prior to eating lunch. To make this decision, management has surveyed a random sample of 100 employees regarding their midday exercise activities. The results of the survey are given in the Before sheet of the file P09_14.xlsx. Is there sufficient evidence at the 10% significance level for managers of this organization to initiate a corporate wellness program? Why or why not? What about at the 1% significance level?
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Akshay Agarwal
I am a Post-Graduate with a specialization in Finance. I have been working in the Consulting industry for the past 8 years with a focus on the Corporate and Investment Banking domain. Additionally, I have been involved in supporting student across the globe in their academic assignments and always strive to provide high quality support in a timely manner. My notable achievements in the academic field includes serving more than 10,000 clients across geographies on various courses including Accountancy, Finance, Management among other subjects. I always strive to serve my clients in the best possible way ensuring high quality and well explained solutions, which ensures high grades for the students along-with ensuring complete understanding of the subject matter for them. Further, I also believe in making myself available to the students for any follow-ups and ensures complete support and cooperation throughout the project cycle. My passion in the academic field coupled with my educational qualification and industry experience has proved to be instrumental in my success and has helped me stand out of the rest. Looking forward to have a fruitful experience and a cordial working relationship.