Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Following a study on the management style of business owners and the dominant development strategy, carried out on a sample of 115 American business leaders,

Following a study on the management style of business owners and the dominant development strategy, carried out on a sample of 115 American business leaders, your mandate is to verify if there is a link between these two variables.

strategy development Leadership style Total
Artisan Opportunistic
Specialization Fobs = 26 Fobs = 38 64

Diversification

Fobs = 17 Fobs = 38 51
Total 43 72 115

Legend: Fobs = observed frequencies Knowing that n = 115, and that the significance threshold is set at 0.05 one-sided and that the application conditions are met, you must take the appropriate steps to check if the owner's management style is independent of the development strategy. Justify your answer and clearly show all the steps of your test

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_2

Step: 3

blur-text-image_3

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

Essential Partial Differential Equations Analytical And Computational Aspects

Authors: David F Griffiths, John W Dold, David J Silvester

1st Edition

3319225693, 9783319225692

More Books

Students also viewed these Mathematics questions