he 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 world-wide 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. Reputation of Company Quality of Management Excellent Good Fair Excellent 40 25 5 Good 35 35 10 Fair 25 10 15 Use 0L = .05 level of significance and test for independence of the quality of management and the reputation of the company. Compute the value of the x2 test statistic (to 2 decimals). Do not round intermediate calculations.
he 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 world-wide 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.
|
Reputation of Company |
|||
|
Quality of Management |
Excellent |
Good |
Fair |
|
Excellent |
40 |
25 |
5 |
|
Good |
35 |
35 |
10 |
|
Fair |
25 |
10 |
15 |
Use 0L = .05 level of significance and test for independence of the quality of management and the reputation of the company.
Compute the value of the x2 test statistic (to 2 decimals). Do not round intermediate calculations.
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