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Work travel policy. American Express Consulting reported
Chapter 7, Problem 12E(choose chapter or problem)
Work travel policy. American Express Consulting reported in USA Today (June 15, 2001) that 80% of U.S. companies have formal, written travel and entertainment policies for their employees. Give the null hypothesis for testing the claim made by American Express Consulting.
Questions & Answers
QUESTION:
Work travel policy. American Express Consulting reported in USA Today (June 15, 2001) that 80% of U.S. companies have formal, written travel and entertainment policies for their employees. Give the null hypothesis for testing the claim made by American Express Consulting.
ANSWER:Solution:
Step 1 of 2:
It is given that the American Express Consulting reported that 80% of the U.S companies have the formal policies for their employees.
We have to set up the null hypothesis to test this claim.