Statistics for Business and Economics (13th Edition)
13th Edition
ISBN: 9780134506593
Author: James T. McClave, P. George Benson, Terry Sincich
Publisher: PEARSON
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Textbook Question
Chapter 1, Problem 1.28ACI
Corporate sustainability and firm characteristics. Corporate sustainability refers to business practices designed around social and environmental considerations (e.g., “going green”). Business and Society (March 201 1) published a paper on how firm size and firm type impact sustainability behaviors. The researchers added questions on sustainability to a quarterly survey of Certified Public Accountants (CPAs). The survey was sent to approximately 23,500 senior managers at CPA firms, of which 1,293 senior managers responded. (Note· It is not clear how the 23,500 senior managers were selected.) Due to missing data (incomplete survey answers), only 992 surveys were analyzed. These data were used to infer whether larger firms are more likely to report sustainability policies than smaller firms and whether public firms are more likely to report sustainability policies than private firms.
- a. Identify the population of interest to the researchers.
- b. What method was used to collect the sample data?
- c. Comment on the representativeness of the sample.
- d. How will your answer to part c impact the validity of the inferences drawn from the study?
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An industrial/organizational psychologist wants to improve worker productivity for a client firm, but first he needs to gain a better understanding of the life of the typical white-collar professional. Fortunately, he has access to the 2008 Workplace Productivity Survey, commissioned by LexisNexis and prepared by WorldOne Research, which surveyed a sample of 650 white-collar professionals (250 legal professionals and 400 other professionals).
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Chapter 1 Solutions
Statistics for Business and Economics (13th Edition)
Ch. 1 - What is statistics?Ch. 1 - Explain the difference between descriptive and...Ch. 1 - List and define the four elements of a descriptive...Ch. 1 - List and define the five elements of an...Ch. 1 - List the three major methods of collecting data...Ch. 1 - Explain the difference between quantitative and...Ch. 1 - Explain how populations and variables differ.Ch. 1 - Explain how populations and samples differ.Ch. 1 - What is a representative sample? What is its...Ch. 1 - Why would a statistician consider an inference...
Ch. 1 - Explain the difference between a population and a...Ch. 1 - Define statistical thinking.Ch. 1 - Suppose youre given a data set that classifies...Ch. 1 - Suppose that a population contains 200,000...Ch. 1 - The Random Numbers applet generates a list of n...Ch. 1 - The Random Numbers applet can be used to select a...Ch. 1 - Applying the ConceptsBasic 1.15 Performance-based...Ch. 1 - Jamming attacks on wireless networks. Terrorists...Ch. 1 - Disaggregation of annually reported accounting...Ch. 1 - College application data. Colleges and...Ch. 1 - Opinion polls. Pollsters regularly conduct opinion...Ch. 1 - Cybersecurity survey. The information systems...Ch. 1 - Treasury deficit prior to the Civil War. In Civil...Ch. 1 - The lucky store effect in lottery ticket sales. In...Ch. 1 - Consumer recycling behavior. Under what conditions...Ch. 1 - Who is better at multi-tasking? In business,...Ch. 1 - Zillow.com estimates of home values. Zillow.com is...Ch. 1 - Drafting NFL quarterbacks. The National Football...Ch. 1 - The economic return to earning an MBA. What are...Ch. 1 - Corporate sustainability and firm characteristics....Ch. 1 - Inspection of highway bridges. All highway bridges...Ch. 1 - Structurally deficient highway bridges. Refer to...Ch. 1 - Monitoring product quality. The Wallace Company of...Ch. 1 - Guilt in decision making. The effect of guilt...Ch. 1 - Accounting and Machiavellianism. Behavioral...Ch. 1 - Can money spent on gifts buy love? Is the gift you...Ch. 1 - Random-digit dialing. To ascertain the...Ch. 1 - Current population survey. The employment status...Ch. 1 - Monitoring the production of soft-drink cans. The...Ch. 1 - Sampling TV markets for a court case. A recent...Ch. 1 - Critical Thinking Challenge 1.40 20/20 survey...
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