Employees working standard 9-to-5 hours complete 152 units per day. The company is evaluating a flexible working hours policy. A random sample of 40 employees adopted the new policy, and were able to produce on average 147 units per day with a standard deviation of 5 units.
Would you conclude that employees produce fewer units under the new policy?
If the P-value =0.002, at 5% significance, what is your conclusion?
• Reject. Conclusion: not fewer units under new policy
• Do not reject. Conclusion: fewer units under new policy
• Reject. Conclusion: fewer units under new policy
• Do not reject. Conclusion: not fewer units under new policy