Question: Table 2.16 contains a portion of the data in the file named Fortune. Data on stockholders equity, market value, and profits for a sample of
Table 2.16 contains a portion of the data in the file named Fortune. Data on stockholders€™ equity, market value, and profits for a sample of 50 Fortune 500 companies are shown.
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a. Prepare a crosstabulation for the variables Stockholders€™ Equity and Profit. Use classes of 0€“200, 200€“400, . . . , 1000€“1200 for Profit, and classes of 0€“1200, 1200€“2400, . . . , 4800€“6000 for Stockholders€™ Equity.
b. Compute the row percentages for your crosstabulation in part (a).
c. What relationship, if any, do you notice between Profit and Stockholders€™ Equity?
Stockholders' Market Value Company Equity ($1000s) ($1000s) Apple Computer Baxter International Bergen Brunswick Charles Schwab 348.5 Westvaco Whirlpool
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