A retail store specializing in storage solutions for both home and the office ha

Question

A retail store specializing in storage solutions for both home and the office has stores in over 49 locations. The container store has 4000 employees and annual revenue of over $650 million. Suppose that in spite of their history management wants to measure employee satisfaction this year to determine if they are maintaining this culture. A researcher is hired by the company who randomly selects 21 employees and asks them to complete a providing a score from 0 to 50 along a continuous scale, where 0 denotes no satisfaction and 50 denotes the utmost satisfaction. Assume that the data are normally distributed in the ReRulationJhe questions and the answers for the survey are shown below. Answer this for each question: It is estimated with % confidence that the population mean for container store employees feel satisfaction betweenandwhen measured on a scale of 0- 50 1.Are you treated fairly by the company as an employee? Mean 42.4 Standard Deviation 5.2 2.Has the company given you the training that you need to do the job adequately? Mean 44.9 Standard Deviation 3.1 3.Does management seriously consider your input in making decisions about the store? Mean 38.7 Standard Deviation 7.5 .Is your physical work environment acceptable? Mean 35.6 Standard Deviation 9.2 5. Is the compensation for your work adequate and fair? Mean 34.5 Standard Deviation 12.4 6.Qveralld you feel that company management really cares about you as a person? Mean 41.8 Standard Deviation 6.3

Explanation / Answer

All the below answers are for 95%

1)

Lower bound: 40.03

Upper bound: 44.77

2)

Lower bound: 43.49

Upper bound: 46.31

3)

Lower bound: 35.29

Upper bound: 42.11

4)

Lower bound: 31.41

Upper bound: 39.79

5)

Lower bound: 28.86

Upper bound: 40.14

6)

Lower bound: 38.93

Upper bound: 44.67

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