A polling organization collected data on a sample of 60 registered voters regarding a tax on the market value of equity transactions as one remedy for the budget deficit.

Review Questions of Week 7
 
Textbook: Cooper, D. R., & Schindler, P. S. (2014). Business research methods. New York, NY: McGraw-Hill Companies.
 
Chapter 18 – Measures of AssociationChapter 19 – Presenting Insights and Findings: Written Reports
 
Instructions:
 
Complete and submit answers to the following discussion Questions.
 
Question 1: A polling organization collected data on a sample of 60 registered voters regarding a tax on the market value of equity transactions as one remedy for the budget deficit.
 

Opinion about Market Tax

Education

High School

College Grad.

MBA

Favorable

15

5

0

Undecided

10

8

2

Unfavorable

0

2

18

 
 
a. Compute gamma for the table.
b. Compute tau b or tau c for the same data.
c. What accounts for the differences?
d. Decide which is more suitable for these data.
 
 
 
Question 2: For the following data,
 

X

Y

25

5

19

7

17

12

14

23

12

20

9

25

8

26

7

28

3

20

 
a. Calculate the correlation between X and Y.
b. Interpret the sign of the correlation.
c. Interpret the square of the correlation.
d. Plot the least-squares line.
e. Test for a linear relationship:
(1) Beta1 = 0.
(2) r = 0.
3) An F test.
 
Format: APA Essay
1.    Review of the subject – do the review of questions 1 and 2 in the same section. Mention relevance of the 2 questions to the discussions this week with reference to the textbook chapters
2.    Discussion – you can put in here the answers to the questions 1 and 2
3.    Conclusion – summarize your findings on questions 1 and 2. Touch little bit on the assignment outcomes as listed below.
 
Assignment Outcomes:

1.    Differentiate between qualitative and quantitative research methodology

2.    Evaluate information critically and effectively

 
Required References – Total of 2
1.      Cooper, D. R., & Schindler, P. S. (2014). Business research methods. New York, NY: McGraw-Hill Companies.
2.      Plus: one textbook (cannot be older than 2014) or an article/journal on related discussion (cannot be older than November 2018)
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