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A company must choose between two pension plans. Data was-(Answered)

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Question

A company must choose between two pension plans. Data was collected on hourly workers and salaried workers preference for Plan 1 (p1) and Plan 2 (p2). Right now, they are specifically interested in determining if there is a difference between the proportions of hourly workers? preference between the two plans. Calculate the test statistic for testing the hypothesis H0: p1 - p2 = 0.

Given that:

,

,

A.

2.01

B.

-3.23

C.

3.23

D.

-1.2

 

Paper#9209452 | Written in 27-Jul-2016

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