The Wall Street Journal Annual Corporate Perceptions Study surveyed readers and asked how each rated the quality of management and the reputation of the company for over 250 worldwide corporations (The Wall Street Journal website, June 23, 2016). 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. Use a .05 level of significance and test for independence of the quality of management and the reputation of the company. What is the test statistic and p value?

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2-Proportion Test

In a 2-proportion test, two separate proportions are measured at the same time, and their similarity is evaluated. It is also known as a 2-proportion z-test, and a comparison of two different proportions is done in this method.