The level of support for corporate sustainability (measure on a quantitative scale ranging from 0 to 180 points) was obtained for each of the 901 senior managers at CPA firms. Numerical measures of central tendency for level of support are shown in the accompanying table. Complete parts a through d below. Descriptive Statistics: Support N for Mode 10 Variable N Mean Minimum Median Maximum Mode Support 001 68.812 0.000 00.000 154.000 63 a. Locate the mean on the table. Comment on the accuracy of the statement: "On average, the level of support for corporate sustainability for the 001 senior managers is 08.81 points. The mean on the table is Thus. the statement is (Type an integer or a decimal. Do not round.) b. Locate the median on the table. Comment on the accuracy of the statement: "Half of the 001 senior managers reported a level of support for corporate sustainability below 00 points. The median on the table is Thus. the statement is (Type an integer or a decimal. Do not round.) e. Locate the mode on the table. Comment on the accuracy of the statement: "Most of the 001 senior managers reported a level of support for corporate sustainability below 03 points. The mode on the table is Thus the statement is (Type an integer or a decimal. Do not round.) d. Based on the values of the measures of central tendency, make a statement about the type of skewness (if any) that exists in the distribution of 001 support levels. O A. The median equals the mean. Thus, the distribution is symmetrie. O B. The median is slightly less than the mean. Thus. there is little skewness. Oc. The median is much less than the mean. Thus, the distribution is right skewed. OD. The mean is much less than the median. Thus, the distribution is left skewed. O E. The mean is slightly less than the median. Thus, there is little skewness.
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
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