Homework 22 of 2 --Chap. x Page Safety Tools Queston 6 (of 15) 10.00 points Reso

Question

Homework 22 of 2 --Chap. x Page Safety Tools Queston 6 (of 15) 10.00 points Resorts of Vermont Inc. is cons a merger with Gulf Shores Beach Resorts Inc. ofAlabama The board of directors surveyed 50 stockholders their position on the merger. The results are reported below. Number of shares held Favor Opposed Undecided To Under 200 200 up to 1,000 Over 1,000 12 19 Total 20 26 50 a. What level of measurement is used in this table? to select) and number of shares is rClick to select) Sy b. What is this table called? Click to select c. What group seems most strongly opposed to the merger? lick to select) Y References eBook Resources

Explanation / Answer

a) Opinion is 'Frequency count' while number of shares is categorical variable.

There can be multiple answers to this depending upon the options.

b) This is called a contingency table

c) The ratio for opposing views across the 3 groups are

Less than 200 = 6/16 = 0.375

200-1000 = 8/15 = 0.533

Over 1000 = 12/19 = 0.63

Thus, shareholders with over 1000 shares are most strongly opposed.

Related Questions

Navigate

• Browse (All)
• Browse H
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.