Question: Some management trainees across several branches of an electronics store
Some management trainees across several branches of an electronics store were rated by their customers, and by their bosses. Comment on the correlation between the two sets of ratings. The data are shown in Exhibit 3.52 below. A rating of “1” is excellent, and a rating of “5” is poor. Do the ranking by hand and then use Excel to calculate the Spearman rank correlation coefficient, using the PEARSON function on your assigned ranks. Also, use the add-in for Spearman Rank Correlation Coefficient on the data.
Answer to relevant QuestionsA survey of pedestrian traffic is conducted over 45 days for two locations where a manager is thinking of opening a new location. Calculate appropriate measures of central tendency and variability for these data, and ...Cans of soup are supposed to contain 540 mL. A random sample of 35 cans of soup is selected from the production line, and their contents measured carefully. Assume this sample is representative of the population. The company ...The owner of a music store asks the cashiers to keep track of the spending by a random sample of female customers and a random sample of male customers over several days. The purchases are shown in Exhibit 3.46 ...Draw a fully labelled tree diagram for the GeorgeConn customer data at the beginning of the chapter (Exhibit 4.5). Notice that the end-stage probabilities are the ones that show up in the cells of the related joint ...A roofing company has analyzed its accounts receivable, and produced the cross-classification table shown in Exhibit 4.17. What is the probability that one of the company’s accounts receivable is < 30 days? What is the ...
Post your question