Concept explainers
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.
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Chapter 2 Solutions
Bundle: Statistics for Business & Economics, Loose-Leaf Version, 13th + MindTap Business Statistics with XLSTAT, 1 term (6 months) Printed Access Card
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