Question

Suppose a company surveyed the work preferences and attitudes of 1,006 working adults spread over three...

Suppose a company surveyed the work preferences and attitudes of 1,006 working adults spread over three generations: baby boomers, Generation X, and millennials. In one question, individuals were asked if they would leave their current job to make more money at another job. The sample data are summarized in the following table.

Leave Job for
More Money?
Generation
Baby Boomer Generation X Millennial
Yes 124 149 172
No 202 180 179

1)Conduct a test of independence to determine whether interest in leaving a current job for more money is independent of employee generation.

-State the null and alternative hypotheses.

-Find the value of the test statistic

-What is the p-value?

2)Using a 0.05 level of significance, what is your conclusion?

A)Reject H0. We conclude that interest in leaving a job for more money is not independent of the employee generation.

B)Reject H0. We cannot conclude that interest in leaving a job for more money is independent of the employee generation.    

C)Do not reject H0. We conclude that interest in leaving a job for more money is not independent of the employee generation.

D)Do not reject H0. We cannot conclude that interest in leaving a job for more money is independent of the employee generation.

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