The personality characteristics of business leaders (e.g., CEOS) are related to the operations of the businesses that they lead (Oreg & Berson, 2018). Traits like openness to experience are related to positive financial outcomes and other traits are related to negative financial outcomes for their businesses. Suppose that a board of directors is interested in evaluating the personality of their leadership. Among a sample of n = 16 managers, the sample mean of the openness to experiences dimension of personality was M = 4.50. Assuming that µ = 4.24 and o = 1.05 (Cobb-Clark & Schure 2012), use a two-tailed hypothesis test with a = .05 to test the hypothesis that this company's busine leaders’ openness to experience is different from the population.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 27PPS
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10. The personality characteristics of business leaders (e.g., CEOS) are related to the operations of the
businesses that they lead (Oreg & Berson, 2018). Traits like openness to experience are related to
positive financial outcomes and other traits are related to negative financial outcomes for their
businesses. Suppose that a board of directors is interested in evaluating the personality of their
leadership. Among a sample of n = 16 managers, the sample mean of the openness to experiences
dimension of personality was M = 4.50. Assuming that u = 4.24 and o = 1.05 (Cobb-Clark & Schurer,
2012), use a two-tailed hypothesis test with a = .05 to test the hypothesis that this company's business
leaders'
openness to experience is different from the population.
Transcribed Image Text:10. The personality characteristics of business leaders (e.g., CEOS) are related to the operations of the businesses that they lead (Oreg & Berson, 2018). Traits like openness to experience are related to positive financial outcomes and other traits are related to negative financial outcomes for their businesses. Suppose that a board of directors is interested in evaluating the personality of their leadership. Among a sample of n = 16 managers, the sample mean of the openness to experiences dimension of personality was M = 4.50. Assuming that u = 4.24 and o = 1.05 (Cobb-Clark & Schurer, 2012), use a two-tailed hypothesis test with a = .05 to test the hypothesis that this company's business leaders' openness to experience is different from the population.
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