A large company is interested in knowing whether there is any relationship between a persons age and that persons opinion about a new wage incentive plan. A random sample of 100 employees was selected and cross- classified as shown below.
At the 1% level of significance, can it be concluded that there is a relationship between an employees age and an employees opinion about the new wage incentive plan? Formulate and test the appropriate hypothesis. Use the critical value approach.
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Under 35- 5 opposed, 5 neutral, 10 in favor
35 to 55- 10 opposed, 30 neutral, 10 in favor
over 55- 15 opposed, 10 neutral, 5 in favor