Statistics Homework Help

Question: Hello needing some help with problem. I’m a little unsure about this. Imagine you are the manager a

non-profit business, and you are looking to hire a recent college graduate. You list the position as paying $20,000/year. After interviewing candidates, you decide that some will be offered the expected salary, while some will be offered more because of experience and interviewing skills. Others will be offered less than expected until they can demonstrate competence and their salary will increase when they are fully qualified.

Using Microsoft® Excel®, run a chi square Goodness of Fit test to determine whether these observed starting salaries are significantly different. What do the findings tell you?

Expected Salaries

Observed Salaries

Applicant 1

$20,000

$17,500

Applicant 2

$20,000

$20,000

Applicant 3

$20,000

$22,000

Applicant 4

$20,000

$20,500

Applicant 5

$20,000

$20,000