Corporate sustainability of CPA firms. Refer to the Business and Society (March 2011) study on the sus- tainability behaviors of CPA corporations, Exercise 6.12 (p. 315). Recall that the level of support for corporate sustainability (measured on a quantitative scale ranging from 0 to 160 points) was obtained for each in a sample of 992 senior managers at CPA firms. The accompanying Minitab printout gives 90% confidence intervals for both the variance and standard deviation of level of support for all senior managers at CPA firms

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d. Use the result, part a, to calculate the 90% confidence
interval for o. Does your result agree with the interval
shown on the printout?
e. Give a practical interpretation of the 90% confidence
interval for o.
f. What assumption about the distribution of level of sup-
port is required for the inference, part e, to be valid? Is
this assumption reasonably satisfied? (Use your answer
to Exercise 4.125, p. 246.)
Transcribed Image Text:d. Use the result, part a, to calculate the 90% confidence interval for o. Does your result agree with the interval shown on the printout? e. Give a practical interpretation of the 90% confidence interval for o. f. What assumption about the distribution of level of sup- port is required for the inference, part e, to be valid? Is this assumption reasonably satisfied? (Use your answer to Exercise 4.125, p. 246.)
6.98 Corporate sustainability of CPA firms. Refer to the
Business and Society (March 2011) study on the sus-
CORSUS tainability behaviors of CPA corporations, Exercise 6.12
NW (p. 315). Recall that the level of support for corporate
sustainability (measured on a quantitative scale ranging
from 0 to 160 points) was obtained for each in a sample
of 992 senior managers at CPA firms. The accompanying
Minitab printout gives 90% confidence intervals for both
the variance and standard deviation of level of support for
all senior managers at CPA firms.
Statistics
Variable
StDev Variance
Support
992
26.9
722
90 Confidence Intervals
CI for
CI for
Variable Method
StDev
Variance
Support
Chi-Square
(25.9, 27.9)
(672, 779)
a. Locate the 90% confidence interval for o on the print-
out. Interpret the result.
b. Use the sample variance on the printout to calculate
the 90% confidence interval for o. Does your result
agree with the interval shown on the printout?
c. Locate the 90% confidence interval for o on the print-
out.
Transcribed Image Text:6.98 Corporate sustainability of CPA firms. Refer to the Business and Society (March 2011) study on the sus- CORSUS tainability behaviors of CPA corporations, Exercise 6.12 NW (p. 315). Recall that the level of support for corporate sustainability (measured on a quantitative scale ranging from 0 to 160 points) was obtained for each in a sample of 992 senior managers at CPA firms. The accompanying Minitab printout gives 90% confidence intervals for both the variance and standard deviation of level of support for all senior managers at CPA firms. Statistics Variable StDev Variance Support 992 26.9 722 90 Confidence Intervals CI for CI for Variable Method StDev Variance Support Chi-Square (25.9, 27.9) (672, 779) a. Locate the 90% confidence interval for o on the print- out. Interpret the result. b. Use the sample variance on the printout to calculate the 90% confidence interval for o. Does your result agree with the interval shown on the printout? c. Locate the 90% confidence interval for o on the print- out.
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