Check My Work (3 remaining) The Wall Street Journal Corporate Perceptions Study surveys readers and asks how each rats the quality of management and the reputation of the company for over 250 worldwide corporations. Both the quality of management and the reputation of the company were rated on an excellent, good, and fair categorical scale. Assume the sample data for 200 respondents below applies to this study. Excel File: data12-13.xlsx Reputation of Company Quality of Management Excellent Good Fair Excellent 40 25 5 Good 35 35 Fair 25 10 10 15 a. Use a = 0.05 level of significance and test for independence of the quality of management and the reputation of the company. Compute the value of the X2 test statistic (to 2 decimals). Do not round intermediate calculations. Use Table 3 of Appendix B to find the p-value. The p-value is - Select your answer- What is your conclusion? Conclude that the rating for the quality of management is b. If there is a dependence or association between the two The highest probabilities are that the two variables will Select your answer of the rating for the reputation of the company. ratings, discuss and use probabilities to justify your answer. Select your answer -
Check My Work (3 remaining) The Wall Street Journal Corporate Perceptions Study surveys readers and asks how each rats the quality of management and the reputation of the company for over 250 worldwide corporations. Both the quality of management and the reputation of the company were rated on an excellent, good, and fair categorical scale. Assume the sample data for 200 respondents below applies to this study. Excel File: data12-13.xlsx Reputation of Company Quality of Management Excellent Good Fair Excellent 40 25 5 Good 35 35 Fair 25 10 10 15 a. Use a = 0.05 level of significance and test for independence of the quality of management and the reputation of the company. Compute the value of the X2 test statistic (to 2 decimals). Do not round intermediate calculations. Use Table 3 of Appendix B to find the p-value. The p-value is - Select your answer- What is your conclusion? Conclude that the rating for the quality of management is b. If there is a dependence or association between the two The highest probabilities are that the two variables will Select your answer of the rating for the reputation of the company. ratings, discuss and use probabilities to justify your answer. Select your answer -
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 10CYU
Question
not use ai please
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning