Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A recent report suggests that Chief Information Officers (CIO's) who report directly to Chief Financial Officers (CFO's) rather than Chief Executive Officers (CEO's) are more

image text in transcribed
A recent report suggests that Chief Information Officers (CIO's) who report directly to Chief Financial Officers (CFO's) rather than Chief Executive Officers (CEO's) are more likely to have IT agendas that deal with cost cutting and compliance. In a random sample of 826 companies, it was found that CIO's reported directly to CFO's in 159 out of 504 service firms and in 103 out of 322 manufacturing companies. Complete parts a through c below. a) Is there evidence that type of business (service versus manufacturing) and whether or not the CIO reports directly to the CFO are associated? State the null and alternative hypotheses. Choose the correct answer below. A. Ho: The proportions of CIO's reporting to a CFO are the same. HA: The proportions of CIO's reporting to a CFO are different. B. Ho: The proportions of CEO's reporting to a CFO are the same. HA: The proportions of CEO's reporting to a CFO are different. O C. Ho: The proportions of CIO's reporting to a CFO are different. HA: The proportions of CIO's reporting to a CFO are the same. O D. Ho: The proportions of CEO's reporting to a CFO are different. HA: The proportions of CEO's reporting to a CFO are the same. Determine the y statistic. x2 = (Round to two decimal places as needed.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Probability Models

Authors: Sheldon M Ross

10th Edition

0123756863, 9780123756862

More Books

Students also viewed these Mathematics questions