EBK STATISTICS FOR BUSINESS & ECONOMICS
12th Edition
ISBN: 8220100460463
Author: Anderson
Publisher: CENGAGE L
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Chapter 2, Problem 50SE
One of the questions in a Financial Times/Harris Poll was, “How much do you favor or oppose a higher tax on higher carbon emission cars?” Possible responses were strongly favor, favor more than oppose, oppose more than favor, and strongly oppose. The following crosstabulation shows the responses obtained for 5372 adults surveyed in four countries in Europe and the United States (Harris Interactive website, February 27, 2008).
TABLE 2.17 DIVIDEND YIELD FOR DOW JONES INDUSTRIAL AVERAGE COMPANIES
| Company | Dividend Yield % | Company | Dividend Yield % |
| 3M | 3.6 | IBM | 2.1 |
| Alcoa | 1.3 | Intel | 3.4 |
| American Express | 2.9 | J.P. Morgan Chase | 0.5 |
| AT&T | 6.6 | Johnson & Johnson | 3.6 |
| Bank of America | 0.4 | Kraft Foods | 4.4 |
| Boeing | 3.8 | McDonald’s | 3.4 |
| Caterpillar | 4.7 | Merck | 5.5 |
| Chevron | 3.9 | Microsoft | 2.5 |
| Cisco Systems | 0.0 | Pfizer | 4.2 |
| Coca-Cola | 3.3 | Procter & Gamble | 3.4 |
| DuPont | 5.8 | Travelers | 3.0 |
| ExxonMobil | 2.4 | United Technologies | 2.9 |
| General Electric | 9.2 | Verizon | 6.3 |
| Hewlett-Packard | 0.9 | Wal-Mart Stores | 2.2 |
| Home Depot | 3.9 | Walt Disney | 1.5 |
| Country | ||||||
| Level of Support | Great Britain | Italy | Spain | Germany | United States | Total |
| Strongly favor | 337 | 334 | 510 | 222 | 214 | 1617 |
| Favor more than oppose | 370 | 408 | 355 | 411 | 327 | 1871 |
| Oppose more than favor | 250 | 188 | 155 | 267 | 275 | 1135 |
| Strongly oppose | 130 | 115 | 89 | 211 | 204 | 749 |
| Total | 1087 | 1045 | 1109 | 1111 | 1020 | 5372 |
- a. Construct a percent frequency distribution for the level of support variable. Do you think the results show support for a higher tax on higher carbon emission cars?
- b. Construct a percent frequency distribution for the country variable.
- c. Does the level of support among adults in the European countries appear to be different than the level of support among adults in the United States? Explain.
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Chapter 2 Solutions
EBK STATISTICS FOR BUSINESS & ECONOMICS
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