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# Several years ag0, two companies merged_ One of the concerns after the merger was the increasing burden of retirement expenditures_ An effort was made to encourage ...

## Question

###### Several years ag0, two companies merged_ One of the concerns after the merger was the increasing burden of retirement expenditures_ An effort was made to encourage employees to participate in the 401(k) accounts_ Nationwide 56% of eligible workers participated in these accounts: The accompanying data table contains responses of 30 employees of the company when asked they were currently participating in _ 401(k) account: Complete parts through d.Click the icon to view the data table_Determine the

Several years ag0, two companies merged_ One of the concerns after the merger was the increasing burden of retirement expenditures_ An effort was made to encourage employees to participate in the 401(k) accounts_ Nationwide 56% of eligible workers participated in these accounts: The accompanying data table contains responses of 30 employees of the company when asked they were currently participating in _ 401(k) account: Complete parts through d. Click the icon to view the data table_ Determine the sample proportion of company workers who participate in 401(k) accounts The sample proportion is (Round t0 three decimal places as needed:) Determine the sampling error if in reality the company workers have the same proportion of participants in 401(k) accounts as does the rest of the nation. The error is (Round t0 three decimal places as needed,) Determine the probability that sample proportion at least as arge as that oblained in the sample would be oblained the company's workers have the same proportion of participants in the 401(k) accounts as does the rest of the nation. The probability (Round to four decimal places as needed ) Does appear that = larger proportion of company workers participate in 401(k) accounts than do the workers of the nation as whole? Support your response. because there % chance of obtaining sample proportion greater than the one calculated in part if the population proportion is 56% (Round to the nearest percent as needed )

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