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Gender Differences in Raise or Promotion Expectations. The Adecco Workplace Insights Survey sampled men and women workers and asked if they expected to get a raise or promotion this year (USA Today). Suppose the survey sampled 200 men and 200 women. If 104 of the men replied Yes and 74 of the women replied Yes, are the results statistically significant in that you can conclude a greater proportion of men are expecting to get a raise or a promotion this year?
b. What is the sample proportion for men? For women?
Some businesses rent office space for 2 or 3 years at a time. Often, the lease for the office space includes a rent escalation clause. The rent escalation clause states that the rent may increase by a certain percent after a certain period of time.
Robon Legal Clinic rents a suburban office space for $8.75 per square foot per year. The dimensions of the office are 35 feet by 40 feet. Robon signed a 2-year lease with a 6% rent escalation clause. The rent will increase by 6% for the second year of the lease. What is the monthly rental charge for each year of the lease?