In one survey, successful female entrepreneurs were asked to state their personal definition of success in terms
Question:
In one survey, successful female entrepreneurs were asked to state their personal definition of success in terms of several categories from which they could select. Thirty-nine percent responded that happiness was their definition of success, 12% said that sales/profit was their definition, 18% responded that helping others was their definition, and 31% responded that achievements/challenge was their definition. Suppose you wanted to determine whether male entrepreneurs felt the same way and took a random sample of men, resulting in the following data. Use the chi-square goodness-of-fit test to determine whether the observed frequency distribution of data for men is the same as the distribution for women. Let a = .05.
Definition fo
Happiness .......... 2
Sales/profit ..........95
Helping others ........27
Achievements/challenge .....63
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Step by Step Answer:
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black