Last week, Team B investigated the pay scales of sure positions among manufacturing and new(prenominal) industries. Team B sought to deliver data and statistical analysis to assist human resource departments create frequently emulous pay scales in order to recruit and check high quality employees. Reliable information regarding pay scales go out guide human resource departments within an boldness in setting reasonable, competitive, salaries. According to Must Be the M unrivalledy?and the occupation Security (2006), salary level is the most measurable reflection for job candidates, above stability, advancement opportunities, and work environment. Furthermore, ?businesses that? tolerate competitive compensation are at an advantage in the hiring litigate? (Must Be the Money?and the Job Security, 2006, p. 6). Team B conducted an analysis of variance assay last week to settle if employees who held clerical, management or sales positions in the manufacturing industry wou ld constitute a higher(prenominal) or lower salary if they were to dribble the same positions in other industries. For the purposes of testing Team B used data provided by Wages and Wage Earners data Set (2008). The analysis of variance test results failed to reject the hobby void guess: Ho = Employees in the manufacturing field, who hold clerical, management, or sales positions, have a mean salary that is higher than employees in the same positions in other industries.
This week, Team B will conduct set ahead research to provide more testing on the null hypothesis by conducting a nonparametric hypothesis te st. If a null hypothesis is not rejected in ! one hypothesis test, playing additional tests may provide elevate support and supremacy more respect for the tested theory. Although, no matter how umteen tests are performed on a certain hypothesis, it will never be accepted as true, alternatively fail to be rejected (Doane & Seward, 2007). Therefore, relying on erect one test may not produce the most accurate... If you want to possess a full essay, order it on our website: OrderCustomPaper.com
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