On November 18, 1980, the Wall Street Journal published a Gallup survey of the opinions of 782

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On November 18, 1980, the Wall Street Journal published a Gallup survey of the opinions of 782 chief executives of US corporations. The 782 chief executives represent samples of 282 fromlarge firms, 300 from medium-sized firms and 200 from small firms. Frank Allen, a staff reporter for the Wall Street Journal, used a questionnaire to ask “How many people in your company are capable of doing your job as chief executive?” The results are presented in the table.

Use the chi-square statistic to test whether “number of people capable of doing your job” is independent of “size of firm” at α = .05.image text in transcribed

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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