Question

Attracting and retaining the best employees is one of the greatest issues in the hotel industry today. A study that took place in the Hellenic Chamber of Hotels aims at analyzing the employee retention management systems practiced by hotels in Greece. Surveying medium and large-sized hotels, the study showed that 308 out of the 400 medium-sized hotels have employee retention management systems as compared to 174 out of the 200 large-sized hotels. Hotel managers would like to know whether there is a significant difference between medium-sized hotels and large-sized hotels with respect to the proportion that have employee retention management systems. If the computed z-test statistic is equal to -2.90488, then using a 5% level of significance we conclude:

Select one:

a. Fail to reject H0

b. Accept H0

c. We cannot tell from the information given

d. Reject H0

Answer 1

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