Statistics for Business & Economics, Revised (with XLSTAT Education Edition Printed Access Card)
13th Edition
ISBN: 9781337094160
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Textbook Question
Chapter 2, Problem 52SE
Fortune magazine publishes an annual survey of the 100 best companies to work for. The data in the DATAfile named FortuneBest100 shows the rank, company name, the size of the company, and the percentage job growth for full-time employees for 98 of the Fortune 100 companies for which percentage job growth data were available (Fortune magazine website, February 25, 2013). The column labeled Rank shows the rank of the company in the Fortune 100 list; the column labeled Size indicates whether the company is a small company (less than 2500 employees), a midsized company (2500 to 10,000 employees), or a large company (more than 10,000 employees); and the column labeled Growth Rate (%) shows the percentage growth rate for full-time employees.
a. Construct a crosstabulation with Job Growth (%) as the row variable and Size as the column variable. Use classes starting at -10 and ending at 70 in increments of 10 for Growth Rate (%).
b. Show the frequency distribution for Job Growth (%) and the frequency distribution for Size.
c. Using the crosstabulation constructed in part (a), develop a crosstabulation showing column percentages.
d. Using the crosstabulation constructed in part (a), develop a crosstabulation showing row percentages.
e. Comment on the relationship between the percentage job growth for full-time employees and the size of the company.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
Each year Money magazine publishes a list of "Best Places to Live in the United States." These listings are based on affordability, educational performance, convenience, safety, and livability. The below table shows the median household income of Money magazine’s top city in each U.S. state for (Money magazine website).
Click on the datafile logo to reference the data.
City
Median Household Income ($)
City
Median Household Income ($)
Pelham, AL
66,772
Bozeman, MT
49,303
Juneau, AK
84,101
Papillion, NE
79,131
Paradise Valley, AZ
138,192
Sparks, NV
54,230
Fayetteville, AR
40,835
Nashua, NH
66,872
Monterey Park, CA
57,419
North Arlington, NJ
73,885
Lone Tree, CO
116,761
Rio Rancho, NM
58,982
Manchester, CT
64,828
Valley Stream, NY
88,693
Hockessin, DE
115,124
Concord, NC
54,579
St. Augustine, FL
47,748
Dickinson, ND
71,866
Vinings, GA
73,103
Wooster, OH
43,054
Kapaa, HI
62,546
Mustang, OK
66,714…
uppose Laura, a facilities manager at a health and wellness company, wants to estimate the difference in the average amount of time that men and women spend at the company's fitness centers each week.
Laura randomly selects 13 adult male fitness center members from the membership database and then selects 13 adult female members from the database. Laura gathers data from the past month containing logged time at the fitness center for these members. She plans to use the data to estimate the difference in the time men and women spend per week at the fitness center. The sample statistics are summarized in the table.
Population
Populationdescription
Population mean(unknown)
Samplesize
Sample mean(min)
Sample standarddeviation (min)
1
male
?1
?1=13
?⎯⎯⎯1=132.5
?1=45.3
2
female
?2
?2=13
?⎯⎯⎯2=108.7
?2=31.1
df=21.256
The population standard deviations are unknown and unlikely to be equal, based on the sample data. Laura plans to use the two-sample ?-procedures to estimate the…
The top seven movies based on DC comic book characters for the U.S. box office as of fall 2017 are shown in the accompanying table, rounded to the nearest million
Find and interpret the median domestic gross of the top five DC movies.
Chapter 2 Solutions
Statistics for Business & Economics, Revised (with XLSTAT Education Edition Printed Access Card)
Ch. 2.1 - Methods 1. The response to a question has three...Ch. 2.1 - A partial relative frequency distribution is...Ch. 2.1 - A questionnaire provides 58 Yes, 42 No, and 20...Ch. 2.1 - for the 20102011 viewing season, the top five...Ch. 2.1 - In alphabetical order, the six most common last...Ch. 2.1 - Nielsen Media Research provided the list of the 25...Ch. 2.1 - The Canmark Research Center Airport Customer...Ch. 2.1 - Data for a sample of 55 members of the Baseball...Ch. 2.1 - Nearly 1.8 million bachelors degrees and over...Ch. 2.1 - VirtualTourist provides ratings for hotels...
Ch. 2.2 - Consider the following data. a. Develop a...Ch. 2.2 - Consider the following frequency distribution....Ch. 2.2 - Construct a histogram for the data in exercise 12.Ch. 2.2 - Consider the following data. a. Construct a dot...Ch. 2.2 - Construct a stem-and-leaf display for the...Ch. 2.2 - Construct a stem-and-leaf display for the...Ch. 2.2 - Applications A doctors office staff studied the...Ch. 2.2 - CBSSports.com developed the Total Player Ratings...Ch. 2.2 - Based on the tons handled in a year, the ports...Ch. 2.2 - The London School of Economics and the Harvard...Ch. 2.2 - Fortune provides a list of Americas largest...Ch. 2.2 - entrepreneur magazine ranks franchises using...Ch. 2.2 - The DATAfile EngineeringSalary contains the median...Ch. 2.2 - Each year America.EDU ranks the best paying...Ch. 2.2 - The 2011 Cincinnati Flying Pig Half-Marathon (13.1...Ch. 2.3 - The following data are for 30 observations...Ch. 2.3 - The following observations are for two...Ch. 2.3 - The Daytona 500 is a 500-mile automobile race held...Ch. 2.3 - The following crosstabulation shows the average...Ch. 2.3 - Recently, management at Oak Tree Golf Course...Ch. 2.3 - The following crosstabulation shows the number of...Ch. 2.3 - Each year Forbes ranks the worlds most valuable...Ch. 2.3 - Refer to Table 2.12. a. Prepare a crosstabulation...Ch. 2.3 - The U.S. Department of Energys Fuel Economy Guide...Ch. 2.4 - The following 20 observations are for two...Ch. 2.4 - Consider the following data on two categorical...Ch. 2.4 - The following crosstabulation summarizes the data...Ch. 2.4 - A study on driving speed (miles per hour) and fuel...Ch. 2.4 - The Current Results website lists the average...Ch. 2.4 - People often wait until middle age to worry about...Ch. 2.4 - Smartphones are advanced mobile phones with...Ch. 2.4 - The Northwest regional manager of an outdoor...Ch. 2 - Approximately 1.5 million high school students...Ch. 2 - The DATAfile MedianHousehold contains the median...Ch. 2 - Data showing the population by state in millions...Ch. 2 - A startup companys ability to gain funding is a...Ch. 2 - Consumer complaints are frequently reported to the...Ch. 2 - The term Beta refers to a measure of a stocks...Ch. 2 - The U.S. Census Bureau serves as the leading...Ch. 2 - western University has only one womens softball...Ch. 2 - Fortune magazine publishes an annual survey of the...Ch. 2 - Table 2.18 shows a portion of the data for a...Ch. 2 - Refer to the data set in Table 2.18. a. Construct...Ch. 2 - Refer to the data set in Table 2.18. a. Construct...Ch. 2 - Refer to the data set in Table 2.18. a. Prepare a...Ch. 2 - Google has changed its strategy with regard to how...Ch. 2 - A zoo has categorized its visitors into three...Ch. 2 - Pelican Stores Pelican Stores, a division of...Ch. 2 - Motion Picture Industry The motion picture...Ch. 2 - Queen City Cincinnati, Ohio, also known as the...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- Please help asap with this. thank you!arrow_forwardEach year America.EDU ranks the best paying college degrees in America. The following data show the median starting salary, the mid-career salary, and the percentage increase from starting salary to mid-career salary for the 20 college degrees with the highest mid-career salary (America.EDU website, August 29, 2013). Click on the datafile logo to reference the data. Degree Starting Salary Mid-Salary % Aerospace Eng 59,400 108,000 82 Applied Math 56,400 101,000 79 Biomed Eng 54,800 101,000 84 Chemical Eng 64,800 108,000 67 Civil Eng 53,500 93,400 75 Computer Eng 61,200 87,700 43 Computer Sci 56,200 97,700 74 Construction Mgmt 50,400 87,000 73 Economics 48,800 97,800 100 Electrical Eng 60,800 104,000 71 Finance 47,500 91,500 93 Government 41,500 88,300 113 Info Systems 49,300 87,100 77 Mgmt Info Sys 50,900 90,300 77 Mathematics 46,400 88,300 90 Nuclear Eng 63,900 104,000 63 Petroleum Eng 93,000 157,000 69…arrow_forwardReport the five-number summary of the domestic gross income.arrow_forward
- Each week the Wall Street Journal and Harris Interactive track the opinions and experiences of college recruiters for large corporations and summarize the results in the Business School Survey. Data have been gathered for the top 10 business schools from a list of 76 and is summarized below. Please complete the questions below and upload this document and your EXCEL document to the portal in CANVAS. School Ranking Enrollment (# of full-time students) Annual Tuition ($) Mean GMAT % with Job Offer Average Salary ($) Dartmouth 1 503 38,400 704 89 119,800 Michigan 2 1873 33,076 690 91 105,986 Carnegie Mellon 3 661 38,800 691 93 95,531 Northwestern 4 2650 38,844 700 94 117,060 Yale 5 468 36,800 696 86 104,018 Pennsylvania 6 1840 40,458 716 92 117,471 California Berkeley 7 1281 21,512 701 92 112,699 Columbia 8 1796 38,290 709 95 126,319 North…arrow_forwardExplain the concept of Notation for Panel Data?arrow_forwardA store manager kept track of the number of newspapers sold each week over an 8-week period. The results were as follows: 0, 88, 71, 201, 113, 269, 248, 250. Find the 5 number summary for the data. Is the data discrete or continious?arrow_forward
- Suppose you need to summarize ordinal data in a bar graph. How would you arrange the categories of data on the horizontal axis? Is it possible to make the order of the data apparent in a pie chart?arrow_forwardThe higher education department of Holmes Institute recorded data on the number of students enrolled in the different study majors for the years 2018 and 2019. The data are stored in file STUDYMAJOR.xls. Use an appropriate graphical technique or chart to compare the number of enrolments in 2018 and 2019 of the different study majors. Display the chart. Use an appropriate graphical technique or chart to display the percentage value of the number of enrolments of the different study major in 2018 and 2019. Display the chart. Study Major 2018 2019 Statistics 1700 2250 Business Law 700 900 Accounting 1300 1450 Economics 750 1000 Finance 1450 1758 Marketing Management 1069 1189 Auditing 360 351arrow_forwardThis chart displays the average rate of people living in poverty in the 23 continental states west of the Mississippi River for the years 2014 – 2016. Create a stemplot for these data. Note that a stemplot never shows the decimal symbol and only the rightmost digit is used for the leaf. (https://www.census.gov/data/tables/2017/demo/income-poverty/p60-259.html) Average rate of people living in poverty in the 23 continental states west of the Mississippi River for the years 2014 – 2016 State Rate of Poverty (%) Minnesota 8.3 Utah 9.4 Iowa 10.1 Wyoming 10.1 Colorado 10.2 North Dakota 10.5 Nebraska 10.6 Missouri 11.1 Washington 11.5 Idaho 11.9 Montana 11.9 Kansas 12.5 Oregon 12.7 Nevada 13.4 South Dakota 13.7 California 14.5 Texas 15.0 Oklahoma 15.4 Arkansas 16.8 Arizona 18.2 New Mexico 19.1 Louisiana 20.6 Mississippi 20.8arrow_forward
- IN.gov reported a 70% decline in smoking rates amount middle school youth from 2000 to 2014. If 9.8 percent of Indiana’s middle school youth smoked in 2000, what percent were smoking in 2014arrow_forwardDuPont Automotive releases a Color Popularity Report which provides the percentages of car colors in North America. The most recent report is shown in the following table.arrow_forwardWhat is the largest value in the data setarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Algebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal Littell
Algebra: Structure And Method, Book 1
Algebra
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:McDougal Littell
What is a Linear Equation in One Variable?; Author: Don't Memorise;https://www.youtube.com/watch?v=lDOYdBgtnjY;License: Standard YouTube License, CC-BY
Linear Equation | Solving Linear Equations | What is Linear Equation in one variable ?; Author: Najam Academy;https://www.youtube.com/watch?v=tHm3X_Ta_iE;License: Standard YouTube License, CC-BY