You are expected to start working when you are in the age of 25. your starting salary is RM 3500/ month. You will have salary increment of RM 300 for the first 15 year, RM 500 for the year of 16 until year 25 and increment of RM 700 from the year of 26 until your retirement age (60 years old). Expenditure Fix expenditure= 40\% of your monthly salary (1st years) and expected to increase 5\% every year. Variable expenditure= 20\% of your monthly salary (1st year) and expected to increase RM 1000 every year.
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Fixed expenditure = 40% of RM 3500 Fixed expenditure = 0.40 * 3500 Fixed expenditure = RM 1400 Show more…
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Description: A downloadable spreadsheet named CV of r was provided in the assessment instructions for you to use for this question. In some workplaces, the longer someone has been working within an organization, the better the pay is. Although seniority provides a way to reward long-serving employees, critics argue that it hinders recruitment. Jane, the CPO, wants to know if XYZ has a seniority pay system. Table A-6 n α = 0.05 α = 0.01 4 0.95 0.99 5 0.878 0.959 6 0.811 0.917 7 0.754 0.875 8 0.707 0.834 9 0.666 0.798 10 0.632 0.765 11 0.602 0.735 12 0.576 0.708 13 0.553 0.684 14 0.532 0.661 15 0.514 0.641 16 0.497 0.623 17 0.482 0.606 18 0.468 0.59 19 0.456 0.575 20 0.444 0.561 25 0.396 0.505 30 0.361 0.463 35 0.335 0.43 40 0.312 0.402 45 0.294 0.378 50 0.279 0.361 60 0.254 0.33 70 0.236 0.305 80 0.22 0.286 90 0.207 0.269 100 0.196 0.256 Question: Based on the salary and age data in the spreadsheet, find the value of the linear correlation coefficient r, and the p-value and the critical value of r using alpha = 0.05. Determine whether there is sufficient evidence to support the claim of linear correlation between age and salary.
Dominador T.
starting monthly salary. What is the starting monthly salary? 5. Entrepreneur magazine ranks franchises. Among the factors that the magazine uses in its rankings are growth rate, number of locations, start-up costs, and financial stability. A recent ranking listed the top 20 U.S. franchises and the number of locations as follows: Franchise Number of U.S. Locations Franchise Number of U.S. Locations Hampton Inns 1,864 Jan-Pro Franchising Intl. Inc. 12,394 ampm 3,183 Hardee's 1,901 McDonald's 32,805 Pizza Hut Inc. 13,281 7-Eleven Inc. 37,496 Kumon Math & Reading Centers 25,199 Supercuts 2,130 Dunkin' Donuts 9,947 Days Inn 1,877 KFC Corp. 16,224 Vanguard Cleaning Systems 2,155 Jazzercise Inc. 7,683 Servpro 1,572 Anytime Fitness 1,618 Subway 34,871 Matco Tools 1,431 Denny's Inc. 1,668 Stratus Building Solutions 5,018 These data can be found in the file Franchises. Create a PivotTable to summarize these data using classes 0–9,999, 10,000–19,999, 20,000–29,999, and 30,000–39,999 to answer the following questions. (Hint: Use Number of U.S. Locations as the COLUMNS, and use Count of Number of U.S. Locations as the VALUES in the PivotTable.) a. How many franchises have between 0 and 9,999 locations? b. How many franchises have more than 30,000 locations? DATA file Franchises
Sri K.
Table A-6 n a=0.05 a=0.01 4 0.95 0.99 5 0.878 0.959 6 0.811 0.917 7 0.754 0.875 8 0.707 0.834 9 0.666 0.798 10 0.632 0.765 11 0.602 0.735 12 0.576 0.708 13 0.553 0.684 13 0.553 0.684 14 0.532 0.661 15 0.514 0.641 16 0.497 0.623 17 0.482 0.606 18 0.468 0.59 19 0.456 0.575 20 0.444 0.561 25 0.396 0.505 30 0.361 0.463 35 0.335 0.43 40 0.312 0.402 45 0.294 0.378 50 0.279 0.361 60 0.254 0.33 70 0.236 0.305 80 0.22 0.286 90 0.207 0.269 100 0.196 0.256 Table A-6 Critical Values of r
Jon S.
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