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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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