The Wall Street Journal Corporate Perceptions Study 2011 surveyed readers and asked how each rated the quality of management and

Question:

The Wall Street Journal Corporate Perceptions Study 2011 surveyed readers and asked how each rated the quality of management and the reputation of the company for over 250 worldwide corporations. Both the quality of management and the reputation of the company were rated on an excellent, good and fair categorical scale. Assume the sample data for 200 respondents below applies to this study.


The Wall Street Journal Corporate Perceptions Study 2011 surveyed readers


a. Use a .05 level of significance and test for independence of the quality of management and the reputation of the company. What is the p-value and what is your conclusion?
b. If there is a dependence or association between the two ratings, discuss and use probabilities to justify youranswer.

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Related Book For  answer-question

Essentials Of Statistics For Business And Economics

ISBN: 9781305081598

7th Edition

Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam

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Question Posted: February 16, 2015 02:32:46