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Find the two marginal distributions . Briefely describe the major feathers of these distrubtions . The local association is particularly concerned with 1 ) farmers
- Find the two marginal distributions . Briefely describe the major feathers of these distrubtions .
- The local association is particularly concerned with 1 ) farmers and 2) pessimistic owners .
- Which distributions should you use to help inform the association? Calculate the distributions and interpet the result .
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Problem
The local trade association is concerned at the level of business activity within the local region . A sample of business owners was surveyed on how optimistic they were . The results are reported in the table below .
Type of bussines |
| ||
OPTIMISM LEVEL | BANKERS | Maamufactures | Farmers |
OPTIMISTIC | 18 | 61 | 59 |
PESSIMISTIC | 11 | 36 | 27
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